Posts Tagged ‘trade finance’

As the trade finance industry shifts towards more digitalised ways of doing business, new niches are opening up within the market.

Your Monday morning coffee briefing from TFG. COP26 wrap-up: UK vows to become the world’s first ‘net zero-aligned financial centre’. TFG launches a new Sustainable Trade Finance Hub. A new ICC report proposes the first global framework for sustainable trade and trade finance definitions. Standard Chartered launches a new Sustainable Account solution in the UK and UAE. And UK Export Finance secures 20% budget hike, expanding support for British exporters.

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.

AI, internet of things, robotics – what do they mean for trade finance, particularly in the efforts to combat trade-based money laundering?

Trade finance as an asset class has benefitted from developments in loan and debt capital markets, which have led the way in sustainable product development.

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