Your Monday morning coffee briefing from TFG: TFG partners with UKEF and DIT to create a trade and export finance guide
Standard Chartered has successfully completed an industry-first pilot testing of a trade financing validation service provided by MonetaGo over SWIFT, to mitigate the risks of duplicate trade finance fraud on… read more →
In addition to the joint sanctions placed on Moscow by the UK and other NATO countries in February, Office for National Statistics (ONS) figures have confirmed that UK private energy firms no longer import any oil or gas from Russia.
Cross-border payments are at the core of international finance and economic activity and it have undergone dramatic changes over the past fifty years.
The last decade has seen a substantial change in global trade bank attitudes towards innovation and collaboration.
Correspondent banks are a key part of cross-border payments facilitating the flow of trade between different jurisdictions.
TFG’s Deepesh Patel interviewed the new VP to learn what led her to BAFT, her view on fighting financial crime, and her insights into the progress made in the payments space.
On Wednesday, the Russian gas exporter and bank Gazprom suspended gas flows to Poland and Bulgaria as the firm did not receive payment from the countries in roubles.
Your Monday morning coffee briefing from TFG: World’s first: SME lending returned to pre-pandemic levels in 2021, but regions still playing catch-up to London, says latest British Business Bank report.
Russia may be facing a lock out from SWIFT, but are there alternative systems that are ready for action, asks Susana Dominguez of Mercury TFS.
