Bank of England (BoE) Governor Andrew Bailey has hinted that UK companies may soon be made to disclose carbon emissions data as part of the country’s push to reach net zero by 2050.
The Bank of England has surprised investors today by voting against a rise in its benchmark interest rate, which would have been its first since August 2018.
An agreement has been reached by Denmark, the US, and 12 other countries on delivering a net-zero global maritime industry by 2050. Led by Denmark, the ‘Declaration on Zero Emission… read more →
Your morning coffee briefing from TFG. Boris Johnson warns there is ‘huge way to go’ at COP26. Rishi Sunak announces new UK budget. New podcast episode with Pole Star and CarbonChain on partnership. SMEs need $50tn investment to meet global net zero goals, says new HSBC, BCG report. And TFG hears from ITFA’s Paul Coles on Structured LCs, MRPAs and the LIBOR transition.
Your Monday morning coffee briefing from TFG: The UK agrees to a historic trade deal with New Zealand – among the first of such deals in the post-Brexit era. A new ICC report estimates that full digitalisation could add $9 trillion to G7 trade by 2026. The UK Financial Conduct Authority (FCA) offers more details on its synthetic LIBOR plans. Macquarie strengthens its position as a global shipping lender, with a total market value of over $3 billion. And we hear from ITFA’s Andre Casterman and Johanna Wissing on fintech and ESG for trade finance respectively.
A comprehensive trade agreement with New Zealand will cut red tape for businesses, end tariffs on UK exports and create new opportunities for tech and services companies, while making it easier… read more →
Your morning coffee briefing from TFG. TFG launched a brand new app, Global trade finance gap hits new all-time high of $1.7tn due to COVID-19, business failures to increase by 32% states Euler Hermes, Standard Chartered research shows companies in Europe, North America are doubling down on supply chain resilience and Contour partners with Shenzhen FinTech Institute of the People’s Bank of China to increase trade digitisation across Asia
Your morning coffee briefing from TFG. Inflation concerns intensify as cost of energy soars, Boris Johnson reluctant to issue more visas to foreign workers, accelerated energy transition dependent on financial markets, CEOs and world leaders call on governments to reform trade and ADB supports Sanoat Qurilish Bank’s fast-growing base of SMEs with $16.6m credit agreement.
Trade finance as an asset class has benefitted from developments in loan and debt capital markets, which have led the way in sustainable product development.
Your morning coffee briefing from TFG. Inflation concerns intensify as cost of energy soars, Boris Johnson reluctant to issue more visas to foreign workers, accelerated energy transition dependent on financial markets, CEOs and world leaders call on governments to reform trade and ADB supports Sanoat Qurilish Bank’s fast-growing base of SMEs with $16.6m credit agreement.