The cessation of the London Interbank Offered Rate, or LIBOR, will be one of the most important events affecting trade finance this year.
Baris Kalay, head of trade and supply chain finance for Europe, Middle East, and Africa (EMEA) at Bank of America, caught up with TFG’s Deepesh Patel at ITFA’s Annual Conference held in Bristol, England.
Banks and fintechs have not always been the closest playmates, but ITFA’s Andre Casterman is on a mission to help them work together.
Last week, at the ITFA Annual Conference, TFG’s editor, Deepesh Patel, sat down with Sean Edwards, chairman of ITFA.
After three years of effort and numerous negotiations with insurers, banks, law firms, and brokage firms, ITFA has released a Basel III policy form that elevates policy wordings and enhances… read more →
TFG’s Deepesh Patel spoke to ITFA’s Chairman, Sean Edwards, about the ITFA Structured Letters of Credit Working Group, and the emergence of Structured Letters of Credit as a variant of Traditional LCs.
The Alternative Reference Rates Committee (ARRC) is now formally recommending CME Group’s forward-looking Secured Overnight Financing Rate (SOFR) term rates (SOFR Term Rates), following the completion of a key change… read more →
TFG, today announced a media partnership with the International Trade and Forfaiting Association (ITFA), for the 47th Annual International Trade and Forfaiting Conference.
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.
ITFA, a leading trade finance industry body, has released an in-depth guide to Structured Letters of Credit. These are instruments which provide substantial funding to trade in emerging markets, but … read more →