Businesses and public authorities across the EU may be facing tougher laws on late payments, with the European Commission proposing a new regulation enforcing maximum 30-day terms.
The European Union’s proposed Late Payment Regulation (LPR), a revision of the Late Payment Directive (2011/7/EU), has sparked responses from the International Chamber of Commerce (ICC) and the International Trade and Forfaiting Association (ITFA).
At the 2023 ITFA Annual Conference in Abu Dhabi, Trade Finance Global (TFG) was able to speak to some of the top names in trade finance, learning about the latest trends and developments in the industry.
Today, the International Trade and Forfaiting Association (ITFA) has released an addendum to its Digital Negotiable Instruments (DNI) Handbook. This update follows the enactment of the UK Electronic Trade Documents… read more →
At the International Trade Forfaiting Association (ITFA) 49th Annual Trade and Forfaiting Conference in Abu Dhabi, TFG’s Deepesh Patel spoke to Silja Calac, Board Member, and head of the ITFA Insurance Committee to learn more about credit risk insurance and its importance for trade, as well as specific aspects of the implementation of the Basel 3.1 Regulation.
At the 49th Annual Trade and Forfaiting Conference held at ITFA Abu Dhabi, TFG’s Deepesh Patel spoke with Sean Edwards, Chairman of the International Trade and Forfaiting Association (ITFA), about some of the key themes emerging throughout the conference in a quickfire session.
At the ITFA annual conference in Abu Dhabi, Trade Finance Global (TFG) spoke with Mosa Tshabalala, Head of FI Trade Sales (International), Risk Distribution and Syndications at Absa Group, to explore the role of trade finance risk distribution in the African context.
In this episode of Trade Finance Talks, TFG’s Deepesh Patel sat down with Raja Al Mazrouei, CEO of Etihad Credit Insurance, to discover how ECI is not only encouraging UAE businesses to tap into emerging regional and international markets but also enabling them to scale new heights and achieve sustainable growth.
How could a common platform fluidify and modernise credit insurance operations and provide greater value to the industry?
London, 25 July, 2023 – In a significant move to bridge the trade finance gap, Trade Finance Global (TFG) has launched TFG Distribution Finance.
The Electronic Trade Documents Act (ETDA) is soon to be granted Royal Assent and will be implemented two months thereafter. This Act is the result of years of dedicated effort… read more →
The International Trade and Forfaiting Association’s (ITFA) Digital Negotiable Instruments (DNI) Initiative Day, hosted in London on 12 July 2023, served as an important platform for the future of trade finance.
The existing regulatory frameworks overseeing sustainability reporting in the Financial Institutions sector are giving rise to numerous unexpected outcomes that will ultimately hinder the global pursuit of long-term sustainability goals.… read more →
At the 2023 ITFA Trade and Investment Forum in London, Trade Finance Global spoke with Alexander Malaket, president, OPUS Advisory Services, to learn more about trade finance as an asset class, the promise of a standardised rating system, and the role of ESG as a catalyst for investment
The Basel regulations have been continuously refined and updated to address new risks and challenges in the global banking sector, with the overall aim of promoting financial stability and preventing future crises.