Issue 01 . Jan 2023
This issue of Trade Finance Global examines the concerns of the BAFT Global Trade Industry Council (GTIC). It covers macro trends in global trade and working capital, emphasising the complexity of cross-border trade and the need for a future-ready ecosystem anchored in standards. The issue addresses the $2.5 trillion trade finance gap identified by the Asian Development Bank, highlighting the importance of digital, data, and legal infrastructure, new funding sources, and technical capacity. The issue also emphasises collaboration among industry players, regulators, and financial institutions to foster ESG compliance and support women-led businesses. Insights from industry leaders at Sibos 2023 strengthen the need for an ecosystem where technology and regulation converge to enhance transparency, efficiency, and financial inclusion.
Download PDF version