British Chancellor Rishi Sunak today presented his Autumn Budget of 2021 to the UK House of Commons.
If your work involves international trade transactions, you will find that one of the most common and useful SWIFT Codes that you will encounter is SWIFT code MT 754.
A new ICC report, released yesterday, estimates that if G7 countries can deliver on legal reform, standardisation, and adoption of digital records, then trade between them could rise by about 43% above its 2019 value by 2026.
A ‘synthetic LIBOR’ safe house will be available following LIBOR cessation at the end of 2021
In most countries, small and medium enterprises are important contributors to economic welfare. This is the main reason why a digitalized trade system can open more opportunities to further SME growth.
The magnitude and pressure around climate change and the United Nations (UN) agenda can give an opportunity to make a joint effort to transform supply chains more sustainable.
Banks and fintechs have not always been the closest playmates, but ITFA’s Andre Casterman is on a mission to help them work together.
With COP26 just around the corner, Export Credit Agencies, ECAs, are mandated to support government efforts in their fight against climate change.
TFG’s editor, Deepesh Patel, interviewed Nasser Al-Thekair, general manager of trade and business development at the International Islamic Trade Finance Corporation (ITFC), to discuss the impact of COVID-19 on Islamic Finance.
SWIFT is a communication platform that allows members to connect and exchange financial messages securely and reliably.
New research from Standard Chartered has found that environmental, social and governance obligations are top of mind for corporates in Europe and North America, as the post-pandemic business recovery gets underway.
The global trade finance gap hit a new all-time high of $1.7 trillion in 2020, eclipsing its previous high of $1.5 trillion recorded in 2018, says a new report from the Asian Development Bank (ADB).
Uniform Rules for Digital Trade Transactions (URDTT) Version 1.0 released by the ICC, October 2021.
These are the first ICC universal rules for completely digital trade transactions using Internet protocols. The following are edited highlights.
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.
The current banking landscape is going through a makeover. PSD2 and open banking have it’s advantages, but there are also many opportunities to continue to level the playing field, share risks and revisit the rules.