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Issue 03 | System Error
This special edition, aligning with Sibos Frankfurt explores the theme System Error—not as a sign of collapse, but as a reflection of how trade, treasury, and payments are straining to meet the demands of a 24/7/365 world. From shipping delays and mis-priced risks to mismatched payment standards, small failures reveal where today’s architecture falls short. In these pages, you’ll find stories spanning law, regulation, and markets: reforms that outpace infrastructure, finance reshaped by risk, and treasury navigating shifting currencies and credit models. Together, they trace the outline of systems under pressure, evolving toward what comes next
From This Publication : Issue 03 | System Error
Contents
Sub-Saharan Africa
Bills of Exchange +7
8/4/2025
Bridging ambition and infrastructure: Digital trade pathways across the Commonwealth
At the inaugural Commonwealth Business Summit, held alongside the Commonwealth Trade Ministers’ Meeting, Trade Treasury Payments (TTP) spoke to representatives
Carter Hoffman
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East Asia & Pacific +1
Bills of Exchange +9
8/21/2025
The cost of waiting: why the digital transition in trade cannot be deferred
For decades, the global movement of goods has been sustained by paper. Bills of lading, warehouse receipts, and inspection certificates
Carter Hoffman
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East Asia & Pacific +1
Bills of Lading +2
8/11/2025
Digitising Bills of Lading: Why trust is the missing link in trade modernisation
Paper built global trade and global fraud. Can digital do better? Bills of lading underpin the movement of goods by
Maria Saavedra
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Sub-Saharan Africa
Bills of Exchange +3
8/4/2025
Mauritius enacts electronic Bill of Exchange law, first African country to adopt MLETR
Mauritius has formally adopted the UNCITRAL Model Law on Electronic Transferable Records (MLETR) by amending its Bills of Exchange Act,
Carter Hoffman
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Sub-Saharan Africa
Trade Finance
9/8/2025
Factoring and finance in a new trade geography
Trade seems to be fragmenting. The once-tightly integrated supply chains that connected extractor to producer to consumer are fraying under
Neil Shonhard
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