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 →
Shortly after joining as a member of ITFA in 2019, Trade Finance Global (TFG) heard from 6 interesting fintech startups in the trade and receivables ecosystem, participating in the ITFA Fintech Discovery Day in Helsinki.
Last week HSBC announced that it had settled over three million foreign exchange transactions since the launch of ‘FX Everywhere’ in the last year. A move to orchestrate cross-border FX… read more →
An interview with André Casterman, Chair, Fintech Committee, International Trade and Forfaiting Association and CMO, INTIX. André Casterman is a fintech consultant, advising financial institution and fintech clients on data management, trade finance and… read more →
2 September 2024: On its golden jubilee, ITFA’s Annual International Trade and Forfaiting Conference will be held from 4 to 6 September 2024 in Limassol, Cyprus. Trade Finance Global (TFG)… read more →
Having a major corporate as an anchor has certainly created an entire industry around payables and financing structures, but what are the big opportunities to support mid-market and SMEs looking… read more →