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.
Trade finance has been a very slowly moving space when it comes to embracing digital innovations. However, the coin is now flipping: new data sharing technologies and ambitious plans from major trade originators provide much hope for a new trade finance landscape to emerge in the foreseeable future. Will the new trade consortia succeed to scale, and by when?
Trade Finance Global heard from Sean Edwards, Chairman of the ITFA at the NEARC (North East Asia Regional Committee) Seminar held in Beijing earlier this month.
As of April 1st 2019, more than ten of the world’s leading finance institutions and banks announced a combined effort to develop the multi-trillion dollar market that is trade finance, as an asset class of its own.
LONDON – The Trade Finance Distribution (TFD) Initiative – an industry-led initiative to make trade finance an investable asset class – has today released a whitepaper discussing the potential for… read more →
Shortly after joining as a member of ITFA in 2019, Trade Finance Global (TFG) heard from 6 interesting fintech startups in the trade and receivables ecosystem, participating in the ITFA Fintech Discovery Day in Helsinki.
Last week HSBC announced that it had settled over three million foreign exchange transactions since the launch of ‘FX Everywhere’ in the last year. A move to orchestrate cross-border FX… read more →
An interview with André Casterman, Chair, Fintech Committee, International Trade and Forfaiting Association and CMO, INTIX. André Casterman is a fintech consultant, advising financial institution and fintech clients on data management, trade finance and… read more →
Having a major corporate as an anchor has certainly created an entire industry around payables and financing structures, but what are the big opportunities to support mid-market and SMEs looking… read more →
We heard from Bolero’s Jacco de Jong at the BCR Supply Chain forum in London. Bolero has a vision for trade digitisation. Bolero is about connecting parties, banks and networks… read more →
BCR Alternative & Receivables Finance Forum London will play host to the Alternative & Receivables Finance Forum, which tracks the transformation of receivables and invoice finance; showcasing the most successful… read more →
Following the release of the International Chamber of Commerce (ICC) Banking Commission’s 2017 Trade Register report, we interviewed Krishan Ramadurai, the new Chair of the ICC Trade Register Project to on… read more →
Trade Finance Global attended GTR’s Africa Trade & Infrastructure Finance Conference last week, learning about investment opportunities on the continent, challenges and the outlook. The conference comprised a two day… read more →