The need for trade finance digitization has never been clearer. In today’s pandemic-ravaged landscape, banks face multiple challenges, including the legislative shift to digital trade documents and growing regulatory scrutiny, changing customer behaviour and increasing competition in the form of trade finance investment funds.
International Chamber of Commerce (ICC) warns G7 leaders they risk imposing major costs to the global economy
Your morning coffee briefing from TFG. G7 strikes historic agreement on taxing multinationals, WTO launches a Gender Research Hub to promote cooperation on trade and gender issues and Brexit shrank UK service exports by £110bn, highlighting the extensive consequences of Britain’s decision to break away from the EU.
In a panel moderated by Christine McWilliams at TXF’s Global Commodity Finance Virtual 2021, which TFG partnered with, this impact was discussed at great depth, looking at how to navigate commodity trade finance in a post-COVID world.
The temporary Trade Credit Reinsurance (TCR), created by the government and the Association of British Insurers (ABI), allowed over half a million businesses to stay afloat, provided certainty to firms across the UK and safeguarded jobs, is now set to come an end on the 30th of June.
If you blinked and put your feet up this bank holiday weekend, you probably missed out on a few important milestones for digitalizing trade.
How effective technology and financing can bring international shipping into the twenty-first century
An introduction to the International Chamber of Commerce (ICC) Sustainable Trade Finance working group
Trade receivables securitisation to the rescue? Businesses will need to become securitisation savvy if we are to plug the trade finance gap
Ignore pressures to retrench. Trade finance infrastructure needs to grow now more than ever.
We should be careful not to underestimate the importance of geography in any plan for post-Brexit trade
In early 2021, we are still emerging from the economic wreckage caused by the outbreak of the COVID-19 pandemic – what are the key financing trends?
Digitalising these documents may seem like a bridge too far for some banks, but the risks of not investing in these technologies are comparatively greater.
The resilience of global supply chains lies with…ANY IDEAS? Alexander Malaket explains what COVID-19 means for future access to trade finance
2020 was a terrible year for Asia but for some less than for others. Alicia Herrero Garcia outlines what’s in stock for markets in Asia in 2021