Trade sanctions are among the many tactics resorted to by the international community in order to compel a state to comply with its human rights obligation.
At the IIBLP’s Dubai Trade Law & Compliance Conference held in Dubai on 15 March 2022, one of the panellists referred to the Solo Industries fraud in a panel discussion addressing the recent Singapore case, Credit Agricole Corporate & Investment Bank (CACIB), Singapore branch v. PPT Energy Trading Co.
ITFA has announced the release of Uniform Rules for Transferable Electronic Payment Obligations (URTEPO), a unique set of rules that cover electronic payment obligations. Digitalisation and accompanying changes in the… read more →
The arguments for digitalising trade processes are well known. Paper-based processes are inefficient, error-prone, and subject to frequent delays––particularly in times of disruption.
To help combat fraud and provide advice to banks, trade associations, governments, and regulators, the International Chamber of Commerce (ICC) UK, Centre for Digital Trade and Innovation, and MonetaGo have released their latest whitepaper: Shutting fraudsters out of trade.
A prominent point of discussion at the International Trade and Forfaiting Association’s (ITFA) 48th Annual International Trade and Forfaiting Conference in Porto has been the digitisation of trade finance––particularly after the challenges COVID-19 caused for a largely paper-based industry.
On 12 October, the UK officially introduced The Electronic Trade Documents Bill into parliament, the next step in a long road to shred the country’s legally imposed reliance on using paper for trade documents.
The latest issue of TFG’s Trade Finance Talks, ‘Time’s Ticking for Tech’, is out now!
Trade Finance Global (TFG) spoke with Jason Barrass, chief commercial officer at ARC Ratings to learn more about the role that credit rating agencies can play in this shift,
During a panel at ICC Austria’s Trade Finance Week, moderator Tomasch Kubiak, policy manager at the ICC Global Banking Commission, spoke with panellists Gabriele Katz, director of global transaction banking at Deutsche Bank; Angela Koll, senior business expert for trade and supply chain finance at Commerzbank; and David Meynell, owner of TradeLC Advisory and senior technical advisor to the ICC Global Banking Commission.
