Your morning coffee briefing from TFG. The world’s biggest companies felt the greatest impact of corruption and illicit activity in 2020, 15% of UK SMEs are at risk of insolvency in the coming four years, UNCTAD issues amber warning on building back better after the pandemic, Boris Johnson announces new £31 million green finance deal in the UAE and MonetaGo partners with SWIFT to create first-ever global solution to duplicate financing fraud.
World’s biggest corporates hit hardest by illicit activity
Kroll – the world’s premier provider of services and digital products related to governance, risk and transparency – has published its newest report revealing that the world’s biggest companies felt the greatest impact of corruption and illicit activity in 2020. Read more →
Euler Hermes: 15% of UK SMEs at risk of insolvency in the next four years
Euler Hermes’ newest research found that 15% of the UK’s SMEs are at risk of insolvency in the next four years. Additionally, the research also highlights the impact and success of the government’s various state support schemes and funding during the pandemic. Read more →
UNCTAD issues amber warning on building back better
The world needs more effective multilateral coordination, without which recovery efforts in advanced countries will damage development prospects in the South and amplify existing inequalities, says UNCTAD’s Trade and Development Report 2021. Read more →
From recovery to resilience: Hanging together or swinging separately?
In 2021, the global economy will bounce back with growth of 5.3%, the fastest in nearly 50 years. The rebound is, however, highly uneven along regional, sectoral and income lines, according to UNCTAD’s Trade and Development Report 2021. Read more →
Boris Johnson announces new £31 million green finance deal in the UAE
UK Prime Minister Boris Johnson has announced a new £31 million clean growth loan from UK Export Finance to complete the construction of the headquarters of one of the UAE’s leading environmental management firms. Read more →
MonetaGo partners with SWIFT to create first-ever global solution to duplicate financing fraud
MonetaGo, a financial technology solutions provider, announced a new platform to combat financing fraud in trade finance on a global level. MonetaGo will partner with SWIFT to ensure users can be confident about connectivity management, authentication, security, interoperability and network reach. Read more →
MOOR Holding invests in Enigio’s international expansion
Enigio makes it possible, through its technology trace:original, to digitally create, manage and change ownership of negotiable instruments and documents of title, such as bills of exchange and bills of lading. Read more →