International Trade Finance Law

The details
Essex Law School
Colchester Campus
Postgraduate: Level 7
Monday 13 January 2025
Friday 21 March 2025
01 July 2024


Requisites for this module



Key module for

LLM M10212 International Trade Law,
LLM M10224 International Trade Law,
LLM M22112 International Trade and Maritime Law,
LLM M22124 International Trade and Maritime Law,
LLM M221PP International Trade and Maritime Law with Professional Placement

Module description

The primary purpose of this module is to enable students to develop detailed knowledge of the techniques and legal context of the financing of international trade.

No previous knowledge of international trade or finance is required. The module focuses on international trade finance products and methods, namely documentary letters of credit, standby letters of credit and bonds/guarantees.

Module aims

This module aims to provide a comprehensive guide to the theoretical and practical issues dealing with various relationships in international trade finance law, particularly negotiable instruments, and their financial risks in modern society. It also aims to equip students with knowledge, skills and understanding to practise trade finance law and work in the financial industry or financial regulators.

Module learning outcomes

Upon successful completion of the module students will be able to

1.) Show a critical and systematic understanding of trade finance law;
2.) Show an advanced understanding of how to carry out original and independent research in this field;
3.) Demonstrate the ability to evaluate critically current research and advanced scholarship in international trade payment and to advance new or critical commentaries on the subject;
4.) Communicate their understanding and knowledge to specialists and non-specialists utilising accurate legal techniques;
5.) Undertake research and analysis in trade finance law, conveying their findings in writing

Module information

Indicative Outline of Topics

Week 2: Introduction to Trade Finance
Week 3: Digitalisation of International Trade Finance
Weeks 4-7Letters of Credit
Weeks 8- 10 Bank guarantees and standby letters of credit

Learning and teaching methods

This module will be taught via weekly 2-hour seminars. The module teaching team will upload all relevant teaching materials on Moodle. You will find reading lists, the textbook, weekly handouts or PPS notes on Moodle. The materials in question are designed both to help you navigate the material to be covered in the seminars and to equip you to analyse the required readings. You will be expected to have completed the required readings in advance of your seminars.


This module does not appear to have a published bibliography for this year.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Coursework Exam
100% 0%


Coursework Exam
100% 0%
Module supervisor and teaching staff
Dr Mohammed Alshaleel, email: mkalsh@essex.ac.uk.
Dr Mohammed Alshaleel
The Law Education Admin Team - pgtlawqueries@essex.ac.uk



External examiner

Prof Duncan Sheehan
University of Leeds
Available via Moodle
No lecture recording information available for this module.


Further information
Essex Law School

* Please note: due to differing publication schedules, items marked with an asterisk (*) base their information upon the previous academic year.

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