Supply Chain Finance

In December 2021, the Financial Accounting Standards Board (FASB) updated its accounting standards to boost transparency around supply chain finance (SCF). SCF is also known as reverse factoring, payables finance, or supplier financing arrangements.

Trade Finance Global spoke with Hari Janakiraman head of industry and innovation, transaction banking, from Australia and New Zealand Banking Group (ANZ) about the changing market conditions throughout the Asia-Pacific market and the advancements of digital technology in trade.

To learn more about women in trade and how to overcome some of the challenges they face, Trade Finance Global (TFG) spoke with Anabel González, deputy director general at the World Trade Organization (WTO).

Global shipping is one of the most challenging sectors to decarbonise. The International Maritime Organization (IMO) has set out an ambitious goal to reduce the industry’s greenhouse gas emissions by 50% from 2008 levels by 2050, a target that will require the swift development of zero or low-emission fuels, new ship designs using cleaner technology, and climate-proof operations such as carbon efficiency optimisation initiatives.

ICC Trade Register confirms that for larger banks, credit risk in trade, supply chain, and export finance fall back to pre-pandemic levels.

For sustainable trade finance to scale, the industry needs a uniform model for ESG data that can be used by everybody, says Pradeep Nair, Global Head of Structured Solutions and Development of Standard Chartered Bank

Trade Finance Global’s (TFG) Annie Kovacevic sat down with Finastra’s Anastasia Mcalpine (AM) and Contour’s Josh Kroeker (JK) to find out the importance to have fintech companies collaborating more frequently.

The aim of the strategy – to “make Europe the first carbon-neutral continent” – was always ambitious. The question now is whether the events over the last 30 months have put the targets out of reach.

It is often debated whether the reported existing trade finance gap, which over the last 3 years has oscillated between $100 billion and $120 billion, will diminish or whether the nature of illiquid, growth-focused, emerging market economies means that the gap will never truly close.

If you mention the International Chamber of Commerce (ICC) to any practitioner––from a bank or a corporate––involved in trade finance most, if not all, would associate the organisation with issuance of rules.

This year’s ITFA 48th Annual Trade & Forfaiting conference, held in Porto, covered a few key themes, one of the most notable being the increasing trade finance gap, which impacts small- to medium-sized enterprises (SMEs) in emerging markets the most.

Trade Finance Global (TFG) sat down with Ameriabank to discuss how shifts in the global trading ecosystem have affected the Armenian economy. 

Trade Finance Global has partnered with UKEF, the UK government’s export credit agency, and DIT to produce the UK Trade & Export Finance Guide.

Trade Finance Global (TFG) are proud to once again partner with International Trade and Forfaiting Association (ITFA) at their 48th annual conference in Porto. In preparation for the conference, TFG caught up with ITFA’s Chairman, Sean Edwards, to discuss some of the key themes.

TFG’s Annie Kovacevic sat down with World of Open Account (WOA) cofounders John Brehcist and Erik Timmermans.