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Your Monday morning coffee briefing from TFG:

  • How can surety carriers align with ESG?
  • The evolution of Supply Chain Finance: From banks to distribution
  • Thumbs up for trade: the influence of an emoji
  • TFG partners with TFD Initiative to hold the inaugural Trade Finance Investor Day
  • Enhancing UK trade: Lloyds Bank and UBS partner to expand access to Export Letters of Credit
  • Allen & Overy and Enigio partner to accelerate the digitalisation of trade finance
  • India allows “vostro” accounts from 22 nations to broaden rupee trade
  • Global carbon emissions could raise debt costs for 59 nations

How can surety carriers align with ESG?

Surety carriers have a unique opportunity to support the green transition, grow emerging industries, and promote sustainable financing practices. However, challenges must be addressed. Read more →

The evolution of Supply Chain Finance: From banks to distribution

Over the past several months, corporates have increasingly been asking for details on a bank’s distribution capabilities when deciding which financial firm to work with. Read more →

Thumbs up for trade: the influence of an emoji 

A judge in a Canadian court case has ruled that a thumbs-up emoji constituted a legally binding acceptance of a contract, ordering the defendant, who failed to fulfil their end of the deal, to pay more than $82,000 in damages.  Read more →

TFG partners with TFD Initiative to hold the inaugural Trade Finance Investor Day

TFD Initiative has announced it will hold its inaugural Trade Finance Investor Day on 19-20 October at The Grove Hotel in Hertfordshire. Read more →

Enhancing UK trade: Lloyds Bank and UBS partner to expand access to Export Letters of Credit

Lloyds Bank has initiated a strategic trade collaboration with UBS to bolster its global presence, aiding its UK-centric clientele to conduct business across 170 nations globally. Read more →

Allen & Overy and Enigio partner to accelerate the digitalisation of trade finance

Allen & Overy’s tech innovation hub, Fuse, has welcomed Enigio into its current cohort. The two companies are working together to accelerate the digitalisation of trade finance, given the importance of English law in global trade and trade finance. Read more →

India allows “vostro” accounts from 22 nations to broaden rupee trade

India has permitted banks in 22 partner nations, including Russia and the UK, to establish “vostro” accounts within its borders, the government informed the parliament on Tuesday, aiming to bolster trade conducted in rupees. Read more →

Global carbon emissions could raise debt costs for 59 nations

A worldwide shortfall in curbing carbon emissions could result in increased debt-servicing costs for 59 countries over the forthcoming decade, as per a study simulating the economic repercussions of climate change on current sovereign credit ratings.  Read more →