We discussed with AIG some of the challenges and opportunities in the trade credit insurance sector. Enabling the much-needed reduction of the trade finance gap, and bringing in a wider array of investors while mitigating the risks of such expansion in the backdrop of geopolitical uncertainty will be a huge challenge in 2020. However, dealing with a broader collection of participants in the trade finance ecosystem in terms of jurisdictions, size of the borrower, types of assets and fintech entrants set us up for interesting times.
As the most authoritative voice in the trade finance industry, ICC Banking Commission, maintains a permanent dialogue with regulators and supervising bodies, helping to develop regulations affecting the industry.
2019 has been a fairly promising year of growth for some emerging and developing markets, but with continued regulatory scrutiny, correspondent banking relationships continuing to be a cut, and a sluggish growth forecast for 2020, what does this mean for trade in EDE’s?
With the growth of major players such as Ant Financial in Asia in 2019, TFG asked Accenture’s European Banking Lead, Cecile André Leruste, on her thoughts and predictions for trade and SCF in 2020, focusing on growth coming out of South Asia.
We heard from Steven Beck, Head of Trade Finance at the Asian Development Bank, giving his musings on 2019, a year of uncertainty in trade, and what 2020 might bring for trade and supply chain in Asia.
Commenting on this evening’s signing of the ‘phase one’ trade deal, TFG spoke to Dr Rebecca Harding, trade economist and CEO of Coriolis Technologies
TFG heard from Charles Bryan, Secretary General of EESPA. The global market is forecast to encompass 550 billion invoices annually. It is expected to quadruple in size by 2035.
TFG’s Nikhil Patel sat down with ITFA Chairman, Sean Edwards, discussing the highs (and lows) of 2019, from a trade, tech and regulatory perspective. We asked ITFA’s view on whether the fireworks of trade wars might slow in 2020, and what’s needed for blockchain to work for trade in 2020.
In January 2019, the World Economic Forum (WEF) Global Future Council on International Trade and Investment produced a brief – “Four Scenarios for the Future of Trade and Investment”, that assessed the rising geopolitical tensions present globally, and offered four potential avenues that the global economy would take in the coming years. TFG Investigates.
TFG spoke to Berne Union’s Secretary General Vinco David about the state of credit insurance following 2019’s uncertainty, and what the priorities are for the trade credit insurance industry in 2020.