London, UK - The Electronic Trade Documents Act (ETDA) will shortly receive Royal Assent and will come into effect two months later.
The culmination of years of work by many people and industry bodies, once it takes...more
7/13/2023
/ Commodities ,
Documentation ,
Electronic Filing ,
Electronic Transaction ,
Financial Institutions ,
Financial Services Industry ,
Financial Transactions ,
FinTech ,
International Trade ,
Legislative Agendas ,
New Legislation ,
Proposed Legislation ,
Trade Agreements ,
UK
The end of March has welcomed Spring, and this year it marks a new era for the financial markets, particularly for loans and financial products which would usually use Sterling LIBOR as the benchmark for calculation of...more
Sullivan Monthly Breakfast Seminar, 23 January 2020 -
At Sullivan's January 2020 London Breakfast Briefing, Sam Fowler-Holmes provided an overview of key challenges facing the trade finance sector in 2020. From sanctions...more
On 10 September 2019, the International Chamber of Commerce (ICC) issued a much anticipated set of revisions to the Incoterms – the international commercial terms published to clarify the obligations of buyers and sellers in...more
10/3/2019
/ Buyers ,
Chamber of Commerce ,
Contract Claims ,
Contract Terms ,
Exports ,
Financial Institutions ,
Imports ,
International Freight ,
Letter of Credit ,
Sellers ,
Shipping ,
Shipping Cargo ,
Supply Chain ,
Transportation Industry
ITFA has published "A guide to accounting and legal issues under IFRS 9 for the trade receivables and supply chain finance industry."
These are ITFA's first set of guidelines on the standards aimed solely at the trade and...more