With this global pandemic, it is recommended to encourage the use of guarantees and counter-guarantee subject to URDG 758 as it provides a balance between the interests of all the parties involved.
TFG heard from ICC’s Secretary General John Denton and talked about actions needed from governments, private sector leaders and international institutions to ensure the continued viability of our MSMEs.
As Brexit starts to make its way back to the front pages, the tensions in the negotiations to date and the significant gaps between the parties have been laid bare.
How are the rights and obligations of the parties to a credit affected on account of missed deadlines caused by these force majeure events?
Trade digitization and electronic documents will be the new-norm as a result of the COVID19 pandemic which will accelerate the transformation process.
Tradecast announced, June, 2nd 2020: Trade Finance Transactions Go Live – BAFT’s Digital Ledger Payment Commitment (DLPC)
Documentary credit may be one of the most convenient payment method available to buyers and sellers, but one should know its limitation to avoid issues and penalties.
ITFA, BAFT, Berne Union, IACPM, IUA and LMA today wrote to European Union policymakers about the importance of facilitating bank lending amid the COVID-19 crisis.
TFG heard from development finance expert Diana Smallridge on the role of various institutions when it comes to financing trade, infrastructure, and exports.
TFG heard from John Lentaigne, Acting CEO at African Trade Insurance Agency, on the current investment landscape in Africa.
As the Covid-19 pandemic continues to affect numerous people and organisations, ITFA have today released practical advice on the signature of documents. This is not legal advice.
Money fuels serious crime, including drugs trafficking, human slavery and terrorism. Managing financial crime risk while keeping up with the speed at which trade finance and payments technologies are emerging presents a huge challenge for banks around the world. TFG heard from Standard Chartered’s Global Co-Head, Financial Crime Compliance, David Howes.
TFG spoke to Clyde & Co’s Robert Parson about the development of trade finance as an asset class, a view on COVID-19, and tradetech
As proud Media Partners of the International Chamber of Commerce (ICC) Global Trade Survey, TFG invites its network of banks and financiers to participate in the Trade Finance Annual Survey on Global Trade.
TFG heard from crpyto expert Oliviere Depiere on the future of money in its cryptographic and legal dimension fully backed by the State, that is, in the present case, by the Swiss National Bank.