The world’s most important number is changing, and traders need to be aware of its implications.
UK development finance fund CDC Group has committed to a $30 million trade finance loan to Bangladesh’s Prime Bank. The loan facility, which will enable Prime Bank to extend more… read more →
French international bank BNP Paribas has executed a green repurchase agreement (repo) transaction with state-owned utility company Électricité de France (EDF). The two companies have worked jointly to structure and… read more →
The UK Financial Conduct Authority (FCA) plans to transition from the London Interbank Offered Rates (LIBOR) to Risk-Free Rates (RFRs) by the end of 2021, to restore trust and integrity in the market. This shift comes after several banks manipulated their interest rates for profit, disturbing trust in the global economy.
Steven Lauricella explains the five things CFOs and Treasurers need to know about the new regulations, and how alternative solutions can be harnessed to fund crucial supply chain initiatives.
The guidance note looks at Term SOFR (SOFR is the Secured Overnight Financing Rate), the ARRC recommended RFR term rate
LONDON – 13 September 2021 – Kroll – the world’s premier provider of services and digital products related to governance, risk and transparency- has published its newest report revealing that the world’s biggest… read more →
It’s easy to think that having to adapt to external circumstances will have a negative impact but many firms have used this opportunity to re-think and reset processes, and actually improve how they operate.
TFG’s Joana Fabiao sat down with Victoria Cleland, the Executive Director for Banking, Payments and Innovation at the Bank of England for City Week 2021,
The supply chain finance industry has been faced with a choice: increase disclosure or continue to face criticism.
Gunvor Group has announced the successful signing and increase of its $872.5 million off balance sheet instrument (OBSI) facility. After receiving a substantial over-subscription of 45%, and high levels of… read more →
Finastra and Hangzhou Hundsun Lirong Software Co. Ltd. to co-develop a tailored version of Finastras’s Fusion Opics treasury solution for the Chinese market. This treasury solution- currently, used by over… read more →
Paymaster24, a full-service Payment Service Provider (PSP), announced a new partnership with Banking Circle to enhance its service proposition for merchants.
On the 11th June, the Group of Seven Nations (G7) met to discuss current global economic concerns and plans, where US president Joe Biden proposed that all countries have an agreed floor of corporation tax.
Surecomp® announced today that it embraces and is fully equipped to support the G7 move towards digitisation, allowing companies to electronically transfer trade documents for increased efficiency and cost savings.… read more →