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Digitalisation Alert! The ICC Centre for Digital Trade and Innovation Recently Held Its Inaugural Conference

Posted by Jacqueline Cook on Apr 11, 2023 9:24:47 AM

Over the course of three days, various speakers from the ICC and beyond came together to discuss digitalisation of trade. With trade bodies including the ICC and ITFA pushing awareness and training in this area, there remains a lot to do to bring more businesses in the supply chain into the digital trade sphere.

Helping to improve awareness, this conference could bring some real momentum to proposed changes in law and practice, so that the clear business case for digital trade can be realised.

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Topics: Digitalisation, ICC Centre for Digital Trade and Innovation

Gates Opening for the Digitalisation of Trade Documents

Posted by Natalie Lake on Oct 21, 2022 11:30:33 AM

On 12 October 2022, The Electronic Trade Documents Bill was introduced into Parliament.

It is a watershed moment in English law, but no-one has anticipated it more than those working in international trade. The (sometimes painful) process of trying to get trade documents from location A to B has been the source of frustration for many, exacerbated by the many lockdowns during the COVID-19 pandemic. Those who have advocated heavily for digitalisation of trade have been faced with one overriding problem: the inability to possess an electronic trade document under English law.

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Topics: Trade Finance, Digitalisation

The Electronic Trade Documents Bill - it’s on the agenda!

Posted by Jacqueline Cook on May 12, 2022 10:31:46 AM

Following the highly anticipated publication by the Law Commission of its Electronic Trade Documents Report and draft Electronic Trade Documents Bill on 16 March 2022[1], the Electronic Trade Documents Bill (the Bill) is now on the legislative agenda for the year ahead. This was one of thirty-eight bills referred to in the Queen’s Speech (delivered on 10 May 2022) and is part of the UK Government’s plan to prioritise the growth and strength of the economy. The Bill will put electronic trade documents on the same legal footing as paper documents, thereby resolving the prevailing legal blocker under English law preventing possession of an intangible asset. This will greatly enhance the digitalisation of trade under English law.

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Topics: Digitalisation, Electronic Trade Documents Bill

What 2021 holds in store for trade and commodity finance

Posted by Amanda Montano on Jan 29, 2021 11:16:39 AM

By Amanda Montano and Humzah Irfan

Jacqueline Cook, Senior Knowledge Development Lawyer at Sullivan's London office, broke ground on our first Trade & Export Finance Webinar of 2021, held on 21 January, and the EU-UK Trade and Cooperation Agreement (the TCA) for the post-Brexit position was top of the agenda. London's Senior Partner, Geoffrey Wynne, followed with thoughts on what the trade finance industry should be looking out for in 2021.

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Topics: Brexit, LIBOR, Digitalisation

Sullivan Webinar – Trade Finance in 2020: annus horribilis, lessons for the future or a bit of both?

Posted by Sam Fowler-Holmes on Nov 23, 2020 11:21:34 AM

By trainee Humzah Irfan at Sullivan in London

Sam Fowler-Holmes restarted Sullivan's Breakfast Seminar, this time at lunchtime! On the day England moved into a second national lockdown due to the COVID-19 pandemic, Sam provided an overview of the impact of COVID-19 on the trade finance sector. The presentation discussed issues from the progress in digitalisation in the trade finance market to Brexit and LIBOR.

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Topics: Brexit, LIBOR, Supply chain finance, COVID-19, Digitalisation

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About the Blog

Talking Trade Finance is here to provide you with all of the latest updates in the Trade & Export Finance Industry.

The material on this site is for general information only and is not legal advice. No liability is accepted for any loss or damage which may result from reliance on it. Always consult a qualified lawyer about a specific legal problem.

Meet the Editor


Ellis Lawson is a partner in the Trade & Export Finance Group in Sullivan's London office. He has extensive experience across a wide range of finance products and geographies, having spent significant portions of his career based both in London and in the Middle East and having advised on transactions across Europe, the Middle East and Africa. Ellis is also a speaker for Sullivan's Trade & Export Finance webinars.


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