As our world becomes increasingly digital, the digital divide has widespread implications, and the least developed countries (LDCs) are most likely to be negatively affected.
For ages, correspondent banking has played a vital role in the global payments system. Through correspondent banking relationships, banks gain access to a diverse range of financial products across various jurisdictions enabling them to offer cross-border payment solutions and services to their customers.
A spree of military coups in fragile West and Central African states is raising concern of contagion to other regions and more stable countries. Military interventions can indicate sudden policy… read more →
The European Union and the European Bank for Reconstruction and Development (EBRD) are backing food security and other key industries in wartime Ukraine through a new risk-sharing agreement in favour… read more →
90% of world trade – from bulk raw commodities to breakbulk and finished goods – is moved on approximately 60,000 trading ships, crewed by about 1.5 million seafarers. To most traders, the potential risks associated with any one of these vessels is an unknown.
In this episode of Trade Finance Talks, Alex Gray, Head of Trade and Transaction Banking at the London Institute of Banking and Finance (LIBF), and Noémi Klein, former Regional Head of Financial Crime Surveillance Operations at Standard Chartered Bank, share the main topics and insights covered at the LIBF Annual Trade Finance Compliance Conference 2023. Together, they shed light on the multifaceted issues faced by financial institutions and the recent developments in the intricate world of compliance in trade finance.
In this episode of Trade Finance Talks, Mark Abrams, Managing Director, Global Head of Trade & Receivables Finance at Trade Finance Global, spoke with Geoffrey Wynne, Partner and head of Sullivan’s Trade & Export Finance Group, to explore the evolution, significance, and future prospects of MRPAs.
A new government initiative, the Shipbuilding Credit Guarantee Scheme (SCGS) is aimed at providing financial assistance to ship buyers, enabling them to purchase UK-built vessels and enhance their existing fleet.… read more →
In this episode of Trade Finance Talks, TFG’s Deepesh Patel was joined by Francesca Beomonte, Head of Structured Trade & Export Finance at UniCredit, to learn more about the role of ECAs in international trade.
The International Monetary Fund (IMF) has slightly increased its 2023 global growth forecast, citing strong economic performance in the first quarter, but also cautioned about ongoing challenges impacting the long-term… read more →
