In a time when global geopolitical and macroeconomic relationships are becoming increasingly strained, the international trade community needs to find ways to collaborate and share best practices.
Mansa, a pioneering fintech providing finance to emerging markets, announced on July 29 that it would provide its first pool on Base, a low-cost Ethereum-equivalent L2 blockchain. This is a significant milestone for Mansa, whose mission it is to democratise access to financing and liquidity to emerging markets in Africa; the launch is expected to boost cross-border payments and increase take-up of trade finance instruments in the region, especially for SMEs.
Trade negotiated on the Finteum Platform, which uses R3’s Corda, and executed on the TP ICAP UK MTF, with Finteum also acting as the arranger
Toronto, 30 July 2024 – Surecomp® today announced a new collaboration with Visa, a world leader in digital payments.
The Asian Development Bank (ADB) and the International Finance Corporation (IFC) have jointly published a Reference Note to better define sustainable trade finance and set eligibility criteria for related deals.… read more →
Businesses trying to navigate the turbulent waters of international trade during current storms can afford neither starry-eyed idealism nor the comfort of theoretical abstraction.
The European Union (EU) and Singapore have successfully concluded negotiations for a landmark Digital Trade Agreement (DTA), an initiative aimed at setting global standards for digital trade and cross-border data flows.
The agreement, known as the E-Commerce Joint Initiative, was finalised on July 26, 2024, after five years of negotiations involving 90 countries, aiming to eliminate customs duties on digital content
In this 2-part series, TFG’s Deepesh Patel spoke with Adam Harwood, Associate, A&O Shearman and Bob Penn, Partner, A&O Shearman, breaking down CRD VI and its implications on the syndicated lending and trade finance industry.
