The Global Supply Chain Finance Forum announced the release of its new guidance document, Market Practices in Supply Chain Finance: Receivables Discounting Technique. The paper is the first in a series of industry guidance documents intended to provide clarity and consistency to the world of supply chain finance.

One of the UK’s Top 5 Business Schools has recently joined forces with ITFA – International Trade and Forfaiting Associations. Founded in 1999, the ITFA works in cooperation with their members – many financial institutions – to try and mitigate the risks associated with their international trade in creative and efficient ways.

Fourteen leading global financial institutions have launched the Trade Finance Distribution (TFD) initiative to use technology and standardisation for the wider distribution of trade finance assets.

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.

International law firm Sullivan has advised international financial services association BAFT (the Bankers Association for Finance & Trade), together with ITFA (the International Trade and Forfaiting Association), on the updated New York law Master Participation Agreement (NY MPA) and associated usage guidelines, published yesterday.

International law firm Sullivan has advised ITFA (the International Trade and Forfaiting Association), on its recently published guide to accounting and legal issues under International Financial Reporting Standard (IFRS) 9 for the trade receivables and supply chain finance industry.

Trade finance has been a very slowly moving space when it comes to embracing digital innovations. However, the coin is now flipping: new data sharing technologies and ambitious plans from major trade originators provide much hope for a new trade finance landscape to emerge in the foreseeable future. Will the new trade consortia succeed to scale, and by when?

Trade Finance Global heard from Sean Edwards, Chairman of the ITFA at the NEARC (North East Asia Regional Committee) Seminar held in Beijing earlier this month.

As of April 1st 2019, more than ten of the world’s leading finance institutions and banks announced a combined effort to develop the multi-trillion dollar market that is trade finance, as an asset class of its own.

LONDON – The Trade Finance Distribution (TFD) Initiative – an industry-led initiative to make trade finance an investable asset class – has today released a whitepaper discussing the potential for… read more →