Electronic Trade Documents Act 2023 (UK) - Revision history

Doug: Improve linking.

2025-10-18T20:25:02Z

Improve linking.

← Older revision		Revision as of 20:25, 18 October 2025
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	* [[Documentation]]		* [[Documentation]]
	* [[E-bill of lading]]		* [[E-bill of lading]]
			* [[Electronic trade document]]
	* [[Fraud]]		* [[Fraud]]
	* [[ICC United Kingdom]]		* [[ICC United Kingdom]]

Doug: Add abbreviation.

2025-02-22T12:14:34Z

Add abbreviation.

← Older revision		Revision as of 12:14, 22 February 2025
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	''Trade finance - international trade - bills of lading - law - UNCITRAL - UK.''		''Trade finance - international trade - bills of lading - law - UNCITRAL - UK.''

			(ETDA).

	The UK's Electronic Trade Documents Act 2023 provides for certain electronic trade documents, including electronic bills of lading, to have the same legal status as their paper equivalents if they meet the relevant criteria.		The UK's Electronic Trade Documents Act 2023 provides for certain electronic trade documents, including electronic bills of lading, to have the same legal status as their paper equivalents if they meet the relevant criteria.

Doug: Layout.

2024-06-26T14:33:37Z

Layout.

← Older revision		Revision as of 14:33, 26 June 2024
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	''Trade finance - international trade - bills of lading - law - UNCITRAL - UK.''		''Trade finance - international trade - bills of lading - law - UNCITRAL - UK.''

	The UK's Electronic Trade Documents Act 2023 provides for certain electronic trade documents, including electronic bills of lading, to be have the same legal status as their paper equivalents if they meet the relevant criteria.		The UK's Electronic Trade Documents Act 2023 provides for certain electronic trade documents, including electronic bills of lading, to have the same legal status as their paper equivalents if they meet the relevant criteria.

	Among other requirements, the document must be used under a "reliable system".		Among other requirements, the document must be used under a "reliable system".
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	:"Chris Southworth, the secretary general of the International Chamber of Commerce UK, was 'massively optimistic' that the increasing digitisation of trade documentation, as embodied in the UK’s Electronic Trade Documents Act 2023, could be a game changer for those involved in the finance of international trade. 'Trade is changing and it is changing fast, to become much cheaper, much faster and much simpler, and ultimately enabling us to be match-fit sustainable, too.'		:"Chris Southworth, the secretary general of the International Chamber of Commerce UK, was 'massively optimistic' that the increasing digitisation of trade documentation, as embodied in the UK’s Electronic Trade Documents Act 2023, could be a game changer for those involved in the finance of international trade. 'Trade is changing and it is changing fast, to become much cheaper, much faster and much simpler, and ultimately enabling us to be match-fit sustainable, too.'


	:He predicted that a trade transaction that can currently take between two to three months can now be squashed into one hour. 'For corporate treasurers, that means that you can manage cash better, you can control cash better, you can get end-to-end data across your supply chain with improved audit control, and you get agility and liquidity in an uncertain world.'"		:He predicted that a trade transaction that can currently take between two to three months can now be squashed into one hour. 'For corporate treasurers, that means that you can manage cash better, you can control cash better, you can get end-to-end data across your supply chain with improved audit control, and you get agility and liquidity in an uncertain world.'"

Doug: Add links.

2024-06-21T18:54:24Z

Add links.

← Older revision		Revision as of 18:54, 21 June 2024
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	* [[E-bill of lading]]		* [[E-bill of lading]]
	* [[Fraud]]		* [[Fraud]]
			* [[ICC United Kingdom]]
	* [[Instrument]]		* [[Instrument]]
			* [[International Chamber of Commerce]] (ICC)
	* [[International trade]]		* [[International trade]]
	* [[Law]]		* [[Law]]

Doug: Mend link.

2024-06-21T18:48:24Z

Mend link.

← Older revision		Revision as of 18:48, 21 June 2024
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	==See also==		==See also==
	* [[~~Agility~~]]		* [[Agile]]
	* [[Audit]]		* [[Audit]]
	* [[Bill of lading]]		* [[Bill of lading]]
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	*[https://www.hilldickinson.com/insights/articles/uks-electronic-trade-documents-act-now-force#:~:text=In%20broad%20terms%2C%20the%20Act,electronic%20documents%20as%20being%20possessable Hill Dickinson - UK’s Electronic Trade Documents Act now in force]		*[https://www.hilldickinson.com/insights/articles/uks-electronic-trade-documents-act-now-force#:~:text=In%20broad%20terms%2C%20the%20Act,electronic%20documents%20as%20being%20possessable Hill Dickinson - UK’s Electronic Trade Documents Act now in force]
	*[https://www.legislation.gov.uk/ukpga/2023/38/contents UK's Electronic Trade Documents Act 2023 - text]		*[https://www.legislation.gov.uk/ukpga/2023/38/contents UK's Electronic Trade Documents Act 2023 - text]

	~~[[Category:Accounting,_tax_and_regulation]]~~
	~~[[Category:Financial_products_and_markets]]~~

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]
	[[Category:Financial_products_and_markets]]		[[Category:Financial_products_and_markets]]

Doug: Create page - source - The Treasurer online - https://www.treasurers.org/hub/treasurer-magazine/what-we-learnt-from-this-years-act-annual-conference

2024-06-21T18:48:06Z

Create page - source - The Treasurer online - https://www.treasurers.org/hub/treasurer-magazine/what-we-learnt-from-this-years-act-annual-conference

New page

''Trade finance - international trade - bills of lading - law - UNCITRAL - UK.''

The UK's Electronic Trade Documents Act 2023 provides for certain electronic trade documents, including electronic bills of lading, to be have the same legal status as their paper equivalents if they meet the relevant criteria.

Among other requirements, the document must be used under a "reliable system".

''(Source - Hill Dickinson - UK’s Electronic Trade Documents Act now in force.)''

:<span style="color:#4B0082">'''''Optimism about speed of global transactions'''''</span>

:"Chris Southworth, the secretary general of the International Chamber of Commerce UK, was 'massively optimistic' that the increasing digitisation of trade documentation, as embodied in the UK’s Electronic Trade Documents Act 2023, could be a game changer for those involved in the finance of international trade. 'Trade is changing and it is changing fast, to become much cheaper, much faster and much simpler, and ultimately enabling us to be match-fit sustainable, too.'

:He predicted that a trade transaction that can currently take between two to three months can now be squashed into one hour. 'For corporate treasurers, that means that you can manage cash better, you can control cash better, you can get end-to-end data across your supply chain with improved audit control, and you get agility and liquidity in an uncertain world.'"

:''What we learnt from this year’s ACT Annual Conference - Philip Smith - June 2024.''

==See also==
* [[Agility]]
* [[Audit]]
* [[Bill of lading]]
* [[Bill of exchange]]
* [[Cash management]]
* [[Documentation]]
* [[E-bill of lading]]
* [[Fraud]]
* [[Instrument]]
* [[International trade]]
* [[Law]]
* [[Liquidity]]
* [[Model Law on Electronic Transferable Records]] (MLETR)
* [[Promissory note]]
* [[Straight-through processing]]
* [[Supply chain]]
* [[Sustainability]]
* [[Trade]]
* [[Trade finance]]
* [[Transfer]]
* [[Transparency]]
* [[United Nations]]
* [[United Nations Commission on International Trade Law]] (UNCITRAL)
* [[Warehouse receipt]]

==Other resources==
*[https://www.hilldickinson.com/insights/articles/uks-electronic-trade-documents-act-now-force#:~:text=In%20broad%20terms%2C%20the%20Act,electronic%20documents%20as%20being%20possessable Hill Dickinson - UK’s Electronic Trade Documents Act now in force]
*[https://www.legislation.gov.uk/ukpga/2023/38/contents UK's Electronic Trade Documents Act 2023 - text]

[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]

[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]