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.
Merchants would go on voyages for several weeks, if not months, in a caravel, carrack or clipper to the Far East, or elsewhere, to buy cotton, wool, tea, spices or other commodities. They would be equipped with a Letter of Credit in their trunk, often handwritten by the clerk of their high street banks.
The UK and ten major trading partners have agreed to end export credit support for unabated coal-fired power plants
The pandemic and the ensuing disruptions in how the world produces, transports, stores, and consumes bulk commodities is placing physical inventory control and monitoring in the cross-hairs of revolutionary change.… read more →
British tea and coffee supplier Union Papertech has secured government support for its latest expansion into the production of environmentally-friendly tea bags. The Manchester-based firm has signed a deal with… read more →
A new ICC report, released yesterday, estimates that if G7 countries can deliver on legal reform, standardisation, and adoption of digital records, then trade between them could rise by about 43% above its 2019 value by 2026.
Global technology and management consultancy Capco has signed a new digital solutions partnership with Asia- and US-based insuretech Coherent. The partnership will bring together Capco’s consulting skills and domain knowledge… read more →
Following its 2021 Annual General Meeting, held in Budapest from 11th to 15th October, the Berne Union has acknowledged the common goals set by Public Development Banks worldwide under the… read more →
A comprehensive trade agreement with New Zealand will cut red tape for businesses, end tariffs on UK exports and create new opportunities for tech and services companies, while making it easier… read more →
Trade and supply chain finance provide innovative solutions for the working capital gap faced by growing companies.
The International Islamic Trade Finance Corporation (ITFC) has signed a €100-million Murabaha financing deal with the Senegal National Power Company (SENELEC). The deal is aimed at meeting Senegal’s growing demand… read more →
Contour, the digital trade finance network, announces partnership with the Global Legal Entity Identifier Foundation (GLEIF) to enable the use of Legal Entity Identifiers (LEIs) within its network, to financially… read more →