London, 29th May 2019. Trade Finance Global are delighted to announce a strategic media partnership with The Telegraph at their conference – The Future of Trade & Export
The International Chamber of Commerce (ICC) Banking Commission has today released a whitepaper urging the trade finance industry to work together to ensure that regulation does not hinder the availability of trade finance and remains relevant in a digital landscape.
Final analysis of data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) shows that in 2018 factoring and commercial finance volumes in the EU grew overall by 7.9% to €1.73 Trillion, 80% of which was domestic business and 20% international.
International law firm Sullivan has advised international financial services association BAFT (the Bankers Association for Finance & Trade), together with ITFA (the International Trade and Forfaiting Association), on the updated New York law Master Participation Agreement (NY MPA) and associated usage guidelines, published yesterday.
International law firm Sullivan has advised ITFA (the International Trade and Forfaiting Association), on its recently published guide to accounting and legal issues under International Financial Reporting Standard (IFRS) 9 for the trade receivables and supply chain finance industry.
“Having experienced the fulfilment of serving the public, you can be sure that I will seek to contribute again” – Baroness Rona Fairhead CBE in her letter of resignation to PM Theresa May
Trade Finance Global, in collaboration with TradeIX have put together a whitepaper: Blockchain and DLT in the International Trade & Shipping Space.
SoftBank – A multinational phone, internet, energy, robotics and holdings conglomerate that operates out of Japan has recently injected $2.2 billion into 3 companies operating within the trade/business finance space.
With the departure of we.trade’s cofounder Roberto Mancone – TFG investigates the significant challenges on the road ahead for the blockchain platform.
In 2018 the world factoring industry volume continued its upward trend with a total reported figure of over 2,767 billion euro representing over 6% growth compared to the previous year.
Brazil’s Banco Bradesco is the latest bank to join Marco Polo, the largest and fastest growing trade finance network powered by Corda blockchain technology to bring significant efficiencies in financing trade and working capital
With numerous bodies and organisations speculating, pre-selling courses and providing information on fake incoterms, TFG gets behind incoterms 2020, why there are rumours, what’s fake, and what’s true.
In the early hours of the morning, President Trump raised a further $200bn worth of tariffs on Chinese exports (5,700 different products to be exact), moving the tariff from 10% to 25%.
Although the clocks went forward, they did not shed any fresh light on Brexit. The stalemate continued and the EU granted an extension to Article 50 until Halloween, by which time the clocks will have changed again and we’ll probably still be in the dark.
BayernLB, Helaba and S-Servicepartner have announced today that they’ve joined the Marco Polo Network for piloting and evaluating purposes.