The Group is pleased to announce that from 20th February 2025, paperless trading systems will be ‘deemed approved’, if they comply with certain requirements. The requirements for ‘deemed approval’ are:
- i) the system permits ‘compliant’ electronic bills of lading (E-bills’) only, meaning E-bills which are subject to
a governing law which gives legal recognition to them as equivalent to paper bills of lading;
- ii) the system is reliable and is evidenced as such, as set out at paragraph 7 ii) below.
Please see below full advisory