The transmission of COVID-19 has returned to “alarming rates” across Europe, says the World Health Organization. The UK government imposed more restrictions on areas of the North East and the Midlands to combat a rise in the number of cases.
TFG heard from the Managing Director and Chief Financial Officer of World Bank Group, Anshula Kant, on the importance of transparency in helping investors manage ESG risks and achieve development impact goals.
TFG heard from Chairman of Lloyd’s of London, Bruce Carnegie-Brown, on the critical Covid-19 related challenges faced by the 300-year-old institution, as well as what could be in stock for the longer-term future of the Lloyd’s market.
COVID-19 case rates are rising while fatalities remain relatively low across much of Europe. The UK saw its first significant tightening of restrictions in months with socialising limited to groups of six in England.
TFG heard from BofA on the possibility of SCF’s structural shift to localisation.
TFG heard from José Manuel Campa, Chairperson, EBA on the key initiatives taken by the banking sector to support the economy post-Covid such as technology and innovation in banks and prevention of financial crime.
TFG heard from Elitsa Garnizova, Senior Project Manager and Researcher, London School of Economics on the current updates and what we can expect in this UK-EU-US economic relationship.
TFG heard from Robert Meters on the significant role of trade credit insurance in the current economic crisis the global trade is facing.
Having appeared to stabilise in July and August the number of new cases of COVID-19 globally has edged up to new highs in the last fortnight. Europe is seeing a second wave, particularly in Spain and France, but the case rate in the US has fallen.
ITFA and TFG, today, launched their international trade finance guide, aimed at clarifying and defining standard definitions for trade finance products, as well as the risks, challenges and opportunities within trade finance.
New report from GSCFF aims to address criticisms across three key areas: the potential adverse impact on suppliers, issues relating to financial reporting and transparency, and overall programme risk.
In their response to the Covid-19 pandemic, governments have learned and applied many of the lessons of past crises. Early testing and tracing at scale gave countries including Germany, Taiwan and South Korea a lead in combating the virus.
Barings Bank collapse. Noble Group’s demise. The 2020 commodities scandals of Agritrade, Hin Leong, Zenrock, Sugih Energy and Hontop Energy. Will these recent commodity financial scandals shatter Singapore’s reputational armour?
TFG announced a media partnership with City & Financial Global Ltd for 10th edition of City Week 2020 – its annual International Financial Services Forum.
TFG heard from Dr. Özge TOSUN, legal counsel at Export Credit Bank of TURKEY (Turk Eximbank) on the various surety bond dilemmas in Turkish insurance including the impracticality of expecting Turkish law to govern all overseas contracts.