The judgment clarifies the high bar to be cleared for fraud in trade finance in a case reminiscent of Trafigura’s win last month, when the London High Court similarly ruled… read more →
The draft convention, approved on Monday, 14 July, during UNCITRAL’s 58th session, addresses a legal gap that has hampered international commerce. Until now, only maritime transport has benefited from widely… read more →
Moderated by Patrick DeVilbiss, Senior Offering Manager at CGI, the panel combined banking and technological perspectives in exploring how red flags in trade finance and supply chains are evolving, and… read more →
The Master Trade Loan Agreement (MTLA) was designed by the Bankers Association for Finance and Trade (BAFT) to be used for lending between financial institutions, specifically related to the financing… read more →
A recent decision of the Singapore High Court, Valency International Pte Ltd v JSW International Tradecorp Pte Ltd and others [2025] SGHC 50, clarifies the fundamental role of actual possession… read more →
The collapse of traders like Hin Leong Trading Pte Ltd and Zenrock Commodities Trading Pte Ltd (“Zenrock”) left banks that made payments under letters of credit (LCs) out of pocket… read more →
In light of Canada’s Prime Minister Trudeau resigning as his party’s leader in early January, and with Mexico’s President Sheinbaum only holding office since October, Donald Trump may be facing an entirely new set of neighbours upon taking office at the end of the Month.
This is one of the most consequential US elections in history, which has been mainly determined by what’s at stake in an ideological or geopolitical domain. But we at TFG… read more →
A pilot program led by the Asian Development Bank (ADB) has demonstrated a promising new approach to combating trade-based money laundering (TBML). This vast and underreported financial crime enables the flow of illicit funds through the global trade system.
In Georgia, the high costs associated with providing banking services to SMEs and stringent creditworthiness or collateral requirements pose
