Issue 01 . Jan 2023
This issue of Trade Finance Talks addresses the complexities and challenges facing global trade finance in 2023. It discusses how de-risking has been driven by Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) compliance risks, pressure on margins, and the after-effects of the 2008 financial crisis. The issue highlights the crucial role of multilateral institutions like the EBRD’s Trade Facilitation Programme and ADB’s Trade and Supply Chain Finance Program in supporting and facilitating trade and correspondent banking. It also spotlights how technology emerges as a key player in reshaping correspondent banking and emphasises the importance of credit insurance and sustainability efforts in maintaining correspondent banking relationships.
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