Estimated reading time: 3 minutes

Your Monday morning coffee briefing from TFG:

  • The path to paperless: Five tips for UK businesses to prepare for digital trade documents
  • Addressing the container deposit problem to promote intra-African trade
  • Breaking: FCI releases World Factoring Statistics survey, reports double-digit growth
  • PODCAST | Cloaked in trade: Unmasking the underworld of trade-based money laundering
  • US debt default: It can’t really happen, can it?
  • The growing legal imperative for human rights due diligence
  • ITFA to release new industry study on ESG framework
  • HSBC launches B2B point-of-sale financing solution

The path to paperless: Five tips for UK businesses to prepare for digital trade documents

Despite most industries witnessing digital leaps forward over the past decade, the world of trade has kept its focus on paper-based documentation. In fact, trade documents such as promissory notes, bills of lading, and performance bonds have remained relatively unchanged for centuries. Read more →

Addressing the container deposit problem to promote intra-African trade

To learn more about this issue and explore a new container guarantee solution seeking to serve as an alternative to traditional deposits and help promote trade in East Africa, Trade Finance Global (TFG) spoke with Morgan Lépinoy, Managing Director of Viatrans. Read more →

Breaking: FCI releases World Factoring Statistics survey, reports double-digit growth

FCI, the global representative body for factoring and financing of open account domestic and international trade receivables, has released their annual World Factoring Statistics report. Read more →

PODCAST | Cloaked in trade: Unmasking the underworld of trade-based money laundering

In this episode of Trade Finance Talks, Brian Canup, assistant editor at TFG, was joined by Channing Mavrellis, director of the Illicit Trade Program at Global Financial Integrity, to delve into the world of TBML. Together, they explored the latest developments and insights surrounding trade-based money laundering (TBML) practices. Read more →

US debt default: It can’t really happen, can it?

After years of dealing with the oppressive clouds of COVID-19, the world has since experienced the bloodiest land war in Europe since World War II, inflation levels unseen since the 1980s, rising interest rates, and large-scale political instability across all regions. And now, a looming debt crisis in the US.  Read more →

Economically disadvantaged people have been trafficked into countries as sources of “cheap” labour throughout history. The International Labour Organization estimates more than 50 million people around the world are trapped in some form of modern slavery. Read more →

ITFA to release new industry study on ESG framework

The existing regulatory frameworks overseeing sustainability reporting in the Financial Institutions sector are giving rise to numerous unexpected outcomes that will ultimately hinder the global pursuit of long-term sustainability goals. Read more →

HSBC launches B2B point-of-sale financing solution

On Wednesday, HSBC unveiled a pioneering banking solution in Hong Kong, introducing point-of-sale financing for business-to-business (B2B) transactions. Read more →