Bank of America Merrill Lynch’s Baris Kalay explores what it takes to implement a successful supply chain finance program.
Month: May 2019
Steven Beck, ADB on fighting financial crime and addressing market gaps in trade in Asia
ADB’s Steven Beck explores the challenges, risks, and implications of fighting financial crime and how such precautions are impacting market gaps.
PODCAST: Rewiring Trade Finance – TradeIX’s Dave Sutter on the Evolution of Networks and Consortia (S1E11)
During Consortia 2019, Deepesh Patel heard from Chief Strategy Officer Dave Sutter from TradeIX, discussing the key requirements for the true digitalisation of trade finance, and what interoperability means for the networks and consortia within the blockchain / DLT trade space.
Review on African Trade and Receivables Market
ABSA’s Doreen Fick examines the current state of the African trade and receivables market, highlighting key tools and initiatives.
Non Bank Perspective: STENN, on Tackling the $1.5tn Trade Gap
Stenn International’s Kerstin Caroline Braun addresses the $1.5tn trade gap, and discusses how non-bank financing can help bridge the gap.
The TFD Initiative – The End of Balance Sheet Lending?
Fourteen leading global financial institutions have launched the Trade Finance Distribution (TFD) initiative to use technology and standardisation for the wider distribution of trade finance assets.
LSE’s Grace Lorden – Balancing the Gender Gap in Trade Finance
LSE’s Grace Lordon explores the gender gap that exists in trade finance, examining why it exists and how it might be overcome.
ANNOUNCED: TFG’s Deepesh Patel to speak at The Telegraph’s Future of Trade & Export Conference
London, 29th May 2019. Trade Finance Global are delighted to announce a strategic media partnership with The Telegraph at their conference – The Future of Trade & Export
SWIFT – Challenges, Gpi and Blockchain
SWIFT – The Society Worldwide Interbank Financial Telecommunication was founded in 1973 and has been the global standard for financial messaging between banks ever since. The messaging service is used by over 11,000 banks and institutions across 200 countries and have sent over three billion financial messages so far in 2019.
ICC report reveals much work remains to be done to promote the fair regulatory treatment of trade finance
The International Chamber of Commerce (ICC) Banking Commission has today released a whitepaper urging the trade finance industry to work together to ensure that regulation does not hinder the availability of trade finance and remains relevant in a digital landscape.
NEWS: EU Factoring and Commercial Finance grows 7.9% in 2018
Final analysis of data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that in 2018 factoring and commercial finance volumes in the EU grew overall by 7.9% to €1.73 Trillion, 80% of which was domestic business and 20% international.
INTERVIEW: Derek Lee, Lantana Tech – Breaking Limitations of BRI Cross Border Trade
The world’s largest exporter, China is set to grow with its huge Belt and Road Initiative (BRI) over the next few years. TFG heard from Lantana Tech’s CEO, Derek Lee, on some of the challenges and opportunities within this market.
Sullivan Advises BAFT and ITFA on Updated New York Law Master Participation Agreement
International law firm Sullivan has advised international financial services association BAFT (the Bankers Association for Finance & Trade), together with ITFA (the International Trade and Forfaiting Association), on the updated New York law Master Participation Agreement (NY MPA) and associated usage guidelines, published yesterday.
Sullivan Advises ITFA on its Guide to IFRS 9 for the Trade Receivables and Supply Chain Finance Industry
International law firm Sullivan has advised ITFA (the International Trade and Forfaiting Association), on its recently published guide to accounting and legal issues under International Financial Reporting Standard (IFRS) 9 for the trade receivables and supply chain finance industry.
Baroness Fairhead No Longer Minister of State for Trade and Export Promotion
“Having experienced the fulfilment of serving the public, you can be sure that I will seek to contribute again” – Baroness Rona Fairhead CBE in her letter of resignation to PM Theresa May