On the 24th May, Credit rating giants Moody’s lowered China’s sovereign debt rating to A1 from Aa3, which takes the economy from “High-Grade” to “Upper-Medium Grade” investment specification. This downgrade… read more →
After assuming the office with a struggling economy in May 2014 the Indian PM Modi set sight on neoliberal economic policies and gained ground on privatisation and liberalisation of the… read more →
Introduction On January 24, the central bank of China raised the 1-year MLF interest rate by 10BP to 3.1%, 6 months MLF interest rate increase by 10BP to 2.95%, leading… read more →
At Trade Finance Global we get asked a lot of questions around Letters of Credit, so we’ve put together a quick cheat sheet on LCs, payment times and the presentation… read more →
We regularly hear about decommissioning, the problems it presents for exploration companies and questions around where liabilities lie. There is some innovation in the decommissioning industry and within government; Nicola… read more →
300,000 British teenagers are now afforded the opportunity to select exporting as their Duke of Edinburgh’s Award skill following a pioneering competition. Those who take up the opportunity will receive… read more →
Trade loans are short-term facilities involving a borrower and a lender that importers, exporters, and domestic traders use to acquire financing.
MT799 Explained When dealing with Bank Guarantees, Documentary Credits, and Letters of Credit (LCs), one may hear the term ‘MT799’ being used. MT799 is a message that is sent between… read more →
The law underpinning financial products is inevitably very important when structuring a facility. The concept of trade finance law also adds a level of difficulty as we usually see a… read more →
The rise in trade-based money laundering (TBML), combined with the enormous regulatory fines and ongoing scrutiny from various government agencies, has created a need for enhanced financial transparency, specifically where… read more →