(London) – International law firm Sullivan has advised ITFA (the International Trade and Forfaiting Association), on the launch of the new ITFA Unfunded Master Risk Participation Agreement (MRPA) and associated user guidelines, published yesterday, and will be issuing a CRR compliant legal opinion shortly.
New York – September 3, 2019 – The Marco Polo Network, a trade and working capital finance network, is welcoming Mastercard as its latest member. The network – and its over 25… read more →
Islamic finance is a specialist area that presents exciting growth opportunities for the UK. Sharia (Islamic law) compliant banking assets make up 6% of the world’s banking assets, but globally, approximately one in four people are Muslim. The scope for growth is obvious.
Pitch your ideas on the ‘Impact of Emerging Technologies on Global Trade & Global Supply Chains’ to win a trip to the October’s WTO Public Forum 2019 in Geneva and… read more →
Fintech, Wethaq, has signed a strategic partnership with enterprise blockchain software firm R3 to build the next generation of financial market infrastructure to enable issuers, investors, central banks and regulators… read more →
Your Monday morning coffee briefing from TFG. Here are some of the last week’s updates from the trade sector. 2nd September 2019.
The volume of space dedicated to ‘trade wars’ in the past few months is vast. But this does not guarantee the subject has been properly examined and analysed. I would like to suggest another perspective, questioning some common assumptions.
Change is not just coming; change is here today, now. The impact of using electronic trade documents instead of hard copies of bills of lading, invoices, packing lists, and certificates to settle trade transactions via the Internet will be as profound to global trade finance as the containerization of cargo was to logistics.
Donald Trump provoked trade disputes between the US’s trading partners all around the world. Most dramatically, Trump has imposed waves of tariffs against China on nearly half of the Chinese exports to the US.
Large companies in Asia are turning to the biggest banks in the region for support as they navigate disruptions caused by the U.S.-China trade war. In some cases, that means… read more →