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.
Trade Finance Global (TFG), today announced a media partnership with Reuters Events flagship Commodity Trading Summit, a virtual series of events featuring commodity producers, traders, buyers and investors.
TFG heard from Kevin Shakespeare, Director of Stakeholder Engagement at the Institute of Export & International Trade (IOE&IT), on the significant changes in how exporters and importers trade with the EU come 1st January of 2021 – the end of the transition period.
The Business Plan outlined new objectives that will allow UKEF to adapt its support for SMEs, help businesses across all the regions of the UK, access UKEF products, and focus its activity on sectors and countries.
Farmers are losing money regardless of their size, defaulting on existing facilities, and as such financiers are exiting structured commodity finance due to credit and compliance risks.
Sustainability is no longer an adjunct to good business, but pivotal to it. TFG heard from Standard Chartered Bank, on the difficulties MNCs face
Macro uncertainty continues to be a key factor impacting growth as we continue to see a slowdown in trade flows. TFG spoke to BofA’s APAC team
Enterprises in EDEs face enormous financing challenges to respond to new export market opportunities and grow their businesses sustainably.
TFG heard from Beata Javorcik at University of Oxford, discussing corporates addressing climate change.
TFG heard from the EBRD around their ambitious Green Economy Transition (GET) approach, including the Green TFP which has supported more than 600 foreign trade transactions with a total value of more than €400 million since 2016.
As the most authoritative voice in the trade finance industry, ICC Banking Commission, maintains a permanent dialogue with regulators and supervising bodies, helping to develop regulations affecting the industry.
Events such as Brexit, the US-China trade war, political unrest between China and Hong Kong dominated the headlines in 2019, have all had significant implications on global trade. However, it has not all been bad news – with increased levels of cooperation and technological innovation, the outlook for trade/finance moving into 2020 could be promising.
New York, World Trade Symposium. With the world trade order under threat from protectionist movements, tit-for-tat tariffs, and a shift away from free and open trade, TFG’s Editor Deepesh Patel caught up with ICC’s Secretary General and Member of the World Trade Board, John Denton at Finastra’s World Trade Symposium.
TFG structures a £500k revolving trade finance facility for a packaging company for an order of 34 million sustainable glass jars, moving towards a long term sustainable finance facility