London, UK. The International Trade & Forfaiting Association (ITFA) and Trade Finance Global Trade (TFG) have today launched the LIBOR transition for trade finance hub.
By the end of 2021, it’s anticipated that LIBOR rates will be discontinued, transitioning to the SONIA or SOFR. But what does this mean for trade finance? ITFA explains
Trade finance has a significant role to play in sustainable development and ESG, which extends to addressing global challenges around climate change, human rights and biodiversity.
By understanding how paper documents work, we explore whether trace:original by Enigio, is an alternative way of approaching digital trade.
As MSMEs are weaned off fiscal support, a radical new attitude to how they access working capital will be needed more than ever.
GSCFF updated its Standard Definitions for the Corporate Payment Undertaking (CPU), Dynamic Discounting (DD) and Bank Payment Undertaking (BPU).
Today the winner of the ITFA Emerging Leader 2020 competition was announced – TFG reports on the winning entries, aimed to make a significant contribution to the trade finance sector.
Global Supply Chain Finance Forum issues payables finance guidance to drive further clarity on terms and techniques
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.
The only way to make Trade Finance standardisation and harmonisation opportunity to realise is to make the needed standards coordination and development resources openly available for the business process and systems developers.
TFG has released its latest issue of Trade Finance Talks entitled ‘Coronavirus & The Fourth Industrial Revolution’.
ITFA has led another industry wide initiative to draw the attention of governments and regulators to the importance of the continuous support of all the different insurance tools in times of crisis.
The International Chamber of Commerce (ICC), International Trade & Forfaiting Association (ITFA) and BAFT today shared some of the ad hoc practices being implemented by FIs under the COVID-19 pandemic.
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.
The ITFA Emerging Leaders initiative is the corollary of the industry’s understanding of how important it is to portray trade finance as an exciting, vibrant and dynamic essential component of the financial services sector.