ADB’s Steven Beck explores the challenges, risks, and implications of fighting financial crime and how such precautions are impacting market gaps.
The world’s largest exporter, China is set to grow with its huge Belt and Road Initiative (BRI) over the next few years. TFG heard from Lantana Tech’s CEO, Derek Lee, on some of the challenges and opportunities within this market.
To date, attempts to digitize trade and trade finance and to connect trading parties have been relatively unsuccessful. Internal processes have become increasingly digital but transactions involving multiple parties are still costly, complex, and largely paper based. This lack of success to date has been due primarily to the limitations of legacy technology systems, platforms, and networks that supported such digitization efforts
How are working capital finance schemes and the availability of KYC and AML tools considered amongst UK and European corporates? TFG heard from Simon Kleine, Director at East & Partners Europe, on the key considerations amongst UK and European supply chains.
Trading Platforms driven by Fintech can deliver the compliance, credit, insurance and finance tools to trading companies of any size so that they can
compete successfully and win business based on their inherent strengths.
Multinational Operators and Local Supply Chains Mid-size and large operators, particularly in upstream Oil and Gas, often need to buy goods and services from local SME firms in the countries… read more →
Anti-money laundering is the process of financial institutions and other business entities using in-house (sometimes assisted by external parties – more on this to come) methods to address the risks posed by Trade-Based Money Laundering.
Finacity Corporation (“Finacity”) announced recently that it has hosted four gatherings of senior finance professionals for an opportunity to network with peers and to learn about the very latest developments in Receivables Securitization.
Specialist credit and political risk insurance (CPRI) broker, BPL Global, has named Spain and Germany in its top 10 countries for CPRI claims by value over the past three years.… read more →
Trade finance due diligence is becoming both more critical – not least due to the heavy sanctions in place for regulatory non-compliance – and more complex.
