The cessation of the London Interbank Offered Rate, or LIBOR, will be one of the most important events affecting trade finance this year.
It’s around two weeks until the SWIFT Standards Release 2021, which is one of the items seemingly on everyone’s lips.
The Bank of England has surprised investors today by voting against a rise in its benchmark interest rate, which would have been its first since August 2018.
Please enter our Access to Finance Survey, and you’ll also be entered into our prizedraw and have the chance to win an iPad.
Letters of credit emerged in Europe in the 1800s. However, in their early days the functionality of letters of credit was limited, due to the non-uniformity of national laws.
The world’s most important number is changing, and traders need to be aware of its implications.
British Chancellor Rishi Sunak today presented his Autumn Budget of 2021 to the UK House of Commons.
If your work involves international trade transactions, you will find that one of the most common and useful SWIFT Codes that you will encounter is SWIFT code MT 754.
A new ICC report, released yesterday, estimates that if G7 countries can deliver on legal reform, standardisation, and adoption of digital records, then trade between them could rise by about 43% above its 2019 value by 2026.
A ‘synthetic LIBOR’ safe house will be available following LIBOR cessation at the end of 2021
