Your Monday morning coffee briefing from TFG: Up, up, and away – latest statistics prove record inflation over last 12 months 

If a new trade bill is passed during the current UK parliamentary term, digital paperwork could be legalised under English Law, which could be a landmark moment for the trade and export industry. 

Correspondent banks are a key part of cross-border payments facilitating the flow of trade between different jurisdictions. 

TFG talked to Erik van der Marel, chief economist at the European Centre for International Political Economy (ECIPE), about his predictions for the future of the global economy.

The usual answer is because delivery occurs, and risk transfers, when the goods leave the seller’s direct control, such as when the goods are loaded into the container at the seller’s premises or at the CFS or CY, long before the goods go on board. This would be the case with FCA, CPT and CIP.

Traditionally each rule has repeated all ten of the obligations for each of the seller and buyer. Most of them are identical or near-identical across each rule, and for some, the variations hang off the delivery obligation.

For FAS, delivery is when the goods are placed alongside a vessel which must logically be present at that point. This can be on the quay beside the vessel, or on a barge beside the vessel.

TFG interviewed Steven Beck, head of trade and supply chain finance at Asian Development Bank (ADB), to discuss how the trade and supply chain finance landscape has changed as a result of the COVID-19 pandemic. 

TFG’s Deepesh Patel interviewed the new VP to learn what led her to BAFT, her view on fighting financial crime, and her insights into the progress made in the payments space.

Your Monday morning coffee briefing from TFG: Key to digitalisation – reducing the trade finance gap without creating unfair biases