Your Monday morning coffee briefing from TFG. Here are some of the last week’s updates from the trade sector. 22nd July 2019.
The International Chamber of Commerce (ICC) announced that it has accelerated attempts to digitalise of trade finance by releasing two new sets of enhanced rules, Uniform Customs and Practise for Documentary Credits (eUCP) and Uniform Rules for Collections (eURC 522).
Stenn, a leading provider of cross-border trade finance, closed a $200 million receivables securitisation programme with Natixis to expand its capital markets programme. This programme significantly augments previous capital programmes launched by Stenn.
London, 16th July 2019. TFG announces strategic partnership with WOA. TFG’s Deepesh Patel appointed as Advisor to support World of Open Account (WOA) in the development of new ideas, activities and the online community for the promotion of open account trade & receivables finance.
The most recent version of the EU Federation (EUF’s) Industry Standard Whitepaper has been recently updated and published with the finalised market data for 2018
Trade Finance Global (TFG) is delighted to announce a new educational partnership with FCI Academy – the centre of knowledge for receivables finance.
The Telegraph’s ‘Future of Trade and Export’ conference sought to explore ‘new opportunities in international trade policy, finance and technology’.
As part of the Incoterms 2020 Media Alliance with the ICC UK, Trade Finance Global reports important information on the rules that are changing for Incoterms at the end of the year. Using the wrong ICC Incoterm when trading goods worldwide exposes companies to greater risk and cost in the form of lost goods or unnecessary disputes
Trade Finance Global attended the headline event of the commercial finance industry, the 10th NACFB Commercial Finance Expo 2019.
The Global Supply Chain Finance Forum announced the release of its new guidance document, Market Practices in Supply Chain Finance: Receivables Discounting Technique. The paper is the first in a series of industry guidance documents intended to provide clarity and consistency to the world of supply chain finance.
FCI advised of the results of the 2019 Annual Awards for Excellenc and the new Executive Committee for 2019. TFG reports from Ho Chi Minh City, as Media Partners of the Meeting.
PARIS, 12th June. Today marks the release of the ICC Banking Commission’s 2018 Trade Register Report – again highlighting the low-risk nature of trade finance in comparison to other asset classes.