Legislation
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UNCITRAL’s Framework for Negotiable Cargo Documents: Modernizing International Trade
The UNCITRAL Negotiable Cargo Documents framework is designed to modernize and harmonize the legal rules governing documents used in the transport of goods, particularly in international trade. These documents, commonly known as bills of lading, play a crucial role in shipping by serving as evidence of the contract of carriage, a receipt for the goods,… Read more
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A bill designed to address access to both customer and business data, this legislation aims to regulate services that involve using information to determine and confirm facts about individuals. It also focuses on the recording, sharing, and maintaining of registers concerning apparatus located in streets. Additionally, the bill outlines the management and upkeep of registers… Read more
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Overview of EU eIDAS 2.0 Regulation
eIDAS 2.0 represents a significant upgrade to the European Union’s electronic Identification, Authentication, and Trust Services (eIDAS) regulation. This enhancement aims to refine and expand cross-border digital identity solutions and trust services, thereby allowing citizens and businesses to securely access a wide range of public and private services across the EU. By enhancing trust services… Read more
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UK Export Finance’s Impact Framework
UKEF’s Impact Framework sets out how the department will measure the real-world impact of its financial support, while aligning with government priorities for growth, clean energy and industrial strategy. Each year, UKEF provides billions of pounds of financial support, helping businesses across the whole of the UK to export. This support is crucial, allowing UK… Read more
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Digital Economy Partnership Agreement
The Digital Economy Partnership Agreement (DEPA) is a trade agreement focused on fostering collaboration in the digital economy. It was signed in June 2020 by Chile, New Zealand, and Singapore. DEPA aims to establish common frameworks and guidelines that promote seamless digital trade, innovation, and cooperation among member countries. Key features include: DEPA serves as… Read more
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Argentina Moves Towards the Modernisation of International Trade
By Julio Martínez, International Trade graduate, and Graciela Alvarez Agudo, lawyer.AFIP General Resolution 5581/24. AFIP General Resolution 5582/2024Customs Digitalization – Elimination of the Stamp Regime. Removal of Foreign Trade Restrictions – Criterion Values. Argentina’s Customs has been implementing greater digitalization mechanisms framed within current parameters governing foreign and international trade. The challenge is not only… Read more
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Digital Securities Sandbox (DSS)
The Digital Securities Sandbox (DSS) facilitates the use of developing technology such as distributed ledgers in the issuance, trading and settlement of securities in the UK. The DSS is a regulated live environment that has been created to explore how developing technologies could be used by firms to undertake the activities of notary, maintenance and settlement for financial securities either… Read more
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White Paper Cross-Border Multimodal Digital Corridors for Regulatory-Related Movements of Consignment Data and Consignment Status Information for Trade Facilitation
This white paper has been created under the purview of the UN/CEFACT cross-border management domain and focuses on improving the cross-border flow of all types of freight consignments by applying digital solutions. A digital corridor is an electronic platform that connects multiple trade ecosystems (e.g. air/ocean/land community systems or single window systems) to share the… Read more
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Electronic Freight Transport Information (eFTI) Regulation
Regulation (EU) 2020/1056, adopted on July 15, 2020, establishes a legal framework for the electronic exchange of freight transport information (eFTI) across the European Union. The regulation aims to digitalise freight transport operations, making it mandatory for public authorities to accept electronic transport documents provided by businesses. This facilitates more efficient logistics processes, reduces administrative… Read more
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Consultation to Inform Options for Implementing the Model Law on Electronic Transferable Records in Australia
Australian Government undertaking a public consultation to advise on options for implementing legislation aligned with the Model Law on Electronic Transferable Records (MLETR). The MLETR is a model law developed by the UN Commission on International Trade Law (UNCITRAL). It contains a set of provisions which, if adopted into domestic law, would confirm that transferable… Read more
