Emerging market institutions have a legacy – one shaped by a commitment to stability and risk aversion, but often at the cost of innovation. Compliance and risk management systems that were put in place decades ago remain untouched, not because they are optimal, but because they were the only options available.
With environmental, sustainability, and governance (ESG) considerations becoming increasingly integral to companies’ success, it is crucial for firms to be aware of their impact on the environment and ensure their… read more →
Treasury never sleeps. Well, treasurers might (if the job isn’t keeping them awake too much!) but the profession itself continues to evolve at speed. Tech is undoubtedly a major driving… read more →
A critical sector, but unevenly spread The International Credit Insurance and Surety Association, ICISA, estimated that 15.07%, or €8.5 trillion, of global trade in 2023 was supported by short-term trade… read more →
According to a new report from the International Chamber of Commerce (ICC), international trade is becoming increasingly complex as countries erect barriers to widely used shipping terms.
Brazil is pioneering a digital transformation in trade finance that promises to revolutionise how small and medium-sized enterprises (SMEs) conduct cross-border business. At the intersection of technology and international trade,… read more →
New initiatives like the US’s FedNow and the EU’s Wero leverage technology to speed up payments and simplify compliance and data collection, paving the way for more integration in payments beyond the national level.
At the FCI conference in Tashkent, Uzbekistan, Trade Finance Global spoke to Neil McKain, Country Manager for Uzbekistan at IFC, Davron Ismailov, CEO of Yangi Finance, and Sanjar Nosirov, Director of the Credit Institutions Regulation Methodology Department at the Central Bank of the Republic of Uzbekistan, to learn about the growth of cross-border and domestic trade within Central Asia and what factoring and supply chain finance can do to help.
Facts QBE Insurance (Singapore) Pte Ltd (“QBE”) issued a multi-buyer TCI policy to Novita Trading Limited (“Novita”) (the “Policy”) pursuant to which it agreed to indemnify Novita in respect of… read more →
This article covers the Hague-Visby Rules’ one-year time bar in relation to trade finance issued against a bill of lading as security and a claim for mis-delivery.
