The CFI.co judges have conferred on FCI the 2020 award for Best Trade Finance Innovator Global 2020. Highlights of the judging panel’s findings include: FCI is the global representative body for the factoring and open-account… read more →
R3 announced today an agreement with E-Title Authority, a Singapore-based software developer, to acquire its legal and technological framework for digitalization of Bill of Lading, the central title document underpinning… read more →
TFG will be hosting a Tradecast (webinar) on the 15th October, covering topics around MSME financial inclusion, the ever-increasing trade finance gap, and changing Global Value Chains (GVCs), featuring experts from ABSA, Mastercard, ICC and Asian Development Bank (ADB).
The Covid-19 pandemic is accelerating trends and technologies that came online before January 2020 and were just getting traction.
Since documentary collection is not a risk mitigation tool, it is appropriate to use this form of payment with caution to advise operators to follow a scientific approach in the management of this payment instrument.
TFG heard from Trade & Export Finance Specialist, Domenico Del Sorbo on practical aspects of payment instructions in international trade.
ITFA and TFG, today, launched their international trade finance guide, aimed at clarifying and defining standard definitions for trade finance products, as well as the risks, challenges and opportunities within trade finance.
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 heard from Dr. Özge TOSUN, legal counsel at Export Credit Bank of TURKEY (Turk Eximbank) on the various surety bond dilemmas in Turkish insurance including the impracticality of expecting Turkish law to govern all overseas contracts.
Having an understanding of the types of LC availability, and the differences between them, will help the beneficiary formulate the terms of the letters of credit that it would be willing to accept, and to mention such terms in their discussions and sales contracts with their clients.
