London, UK - Sullivan & Worcester (Sullivan) is advising Arqit Limited (Arqit), a leader in quantum-safe encryption, in relation to its documentary framework to support the creation, issue and storage of electronic promissory...more
11/14/2023
/ Compliance ,
Digital Assets ,
Electronic Trading ,
Electronically Posted Documents ,
Financial Regulatory Reform ,
International Trade ,
Press Releases ,
Promissory Notes ,
Regulatory Requirements ,
Technology ,
UK
On 12 September 2023, the European Commission proposed a new EU Regulation on combatting late payments in commercial transactions which will revise and replace EU Directive 2011/7/EU (the Late Payment Directive). The...more
9/28/2023
/ Creditors ,
Debtors ,
Enforcement Actions ,
EU ,
EU Directive ,
European Commission ,
Late Payments ,
Legislative Agendas ,
Proposed Regulation ,
Regulatory Agenda ,
Small and Medium-Sized Enterprises (SMEs)
Today is the day, the Electronic Trade Documents Act (ETDA) is now in force! Although a short piece of legislation, it is flexible and seeks to give certain trade-related electronic documents the same legal recognition as...more
Electronic Trade Documents Act -
The passing of the Electronic Trade Documents Act 2023 (the “Act”) often touted as “game-changing” and “revolutionary” is the UK’s alternative to adopting the UNCITRAL Model Law on Electronic...more
7/14/2023
/ Commodities ,
Documentation ,
Electronic Filing ,
Electronic Transaction ,
Financial Transactions ,
Free Trade Agreements ,
International Trade ,
Legislative Agendas ,
New Legislation ,
Proposed Legislation ,
UK ,
UNCITRAL