Although UCP 600 and ISBP 745 offer no specific provisions for partial confirmations of letters of credit (LCs), MonetaGo’s Tat Yeen Yap says they are not only possible, but are “straightforward and efficient”.
Your Monday morning coffee briefing from TFG. Sixty-seven countries signed a landmark WTO deal set to cut the cost of global services trade by $150 billion per year.
As the trade finance industry shifts towards more digitalised ways of doing business, new niches are opening up within the market.
Our Editor, Deepesh Patel, sat down with Meera Saunders, Underwriter within the Trade Finance team at AIG to discuss the complexities of AIG’s new instrument: a trade credit bridge.
Trade Finance Global is delighted to announce its media partnership with Reuters Events for Commodities Trading 2021.
Trade credit insurance remains critical in the economic recovery from the COVID-19 pandemic. Here’s why.
Cooperation between credit insurers, export credit agencies and governments prove how far we have come since 2008.
Trade receivables securitisation to the rescue? Businesses will need to become securitisation savvy if we are to plug the trade finance gap
Collaboration with the scientific community stands to fast track technology in insurance and surety. We should be doing more to build these bridges.
We heard from Natasha Condon, Global Head of Core Trade at J.P. Morgan, on her take of how the trade finance market has fared in recent months, since joining the bank in 2020.
EUF plays an important role for our industry today more than ever and confirming FCI’s support regarding the lobbying of the new definition of default with the EBA.
Under the Export Development Guarantee (EDG), UKEF can provide partial guarantees covering up to 80 per cent of the risk to lenders for a maximum repayment period of up to five years.
Unpacking previous events, TFG heard from FCI’s Secretary General Peter Mulroy, comparing how the factoring and receivables industry has fared during previous crises and what we can learn moving forwards.
Your Monday morning coffee briefing from TFG. The severe contraction of economic activity due to COVID-19 are being felt around the world. Associations are calling for state backed support for the private credit insurance market as the impact of bank lending severely impacts critical supply chains.
ICISA calls for a systematic approach across the EU to meet the demands of the crisis triggered by Covid-19. This coordination would enable economic sectors to still continue trading on a level playing field.