When the news broke of the collapse of Stenn, once a visionary London-based non-bank trade finance provider suddenly and unexpectedly placed into administration after an application by HSBC in December, it seemed like an unfortunate standalone case of insolvency.
As billions of Chinese across the world usher in the Lunar New Year today, the Year of the Dragon will give way to the Year of the Snake. For those… read more →
According to Allied Market Research, the global supply chain finance market was worth $6 billion in 2021 and is projected to reach $13.4 billion by 2031, growing at a CAGR… read more →
The Bank of England’s Prudential Regulation Authority (PRA) announced on Friday it would delay the implementation of the Basel 3.1 rules to 1 January 2027 due to “uncertainty around the timing of implementation of the […] standards in the US”.
Treasury never sleeps. Well, treasurers might (if the job isn’t keeping them awake too much!) but the profession itself continues to evolve at speed. Tech is undoubtedly a major driving… read more →
The Asia-Pacific region (APAC) has remained a focal point for trade finance in 2024, with regulatory upheavals, geopolitical tensions, and significant shifts in business practices all impacting the sector throughout… read more →
Brazil is pioneering a digital transformation in trade finance that promises to revolutionise how small and medium-sized enterprises (SMEs) conduct cross-border business. At the intersection of technology and international trade,… read more →
At the FCI conference in Tashkent, Uzbekistan, Trade Finance Global spoke to Neil McKain, Country Manager for Uzbekistan at IFC, Davron Ismailov, CEO of Yangi Finance, and Sanjar Nosirov, Director of the Credit Institutions Regulation Methodology Department at the Central Bank of the Republic of Uzbekistan, to learn about the growth of cross-border and domestic trade within Central Asia and what factoring and supply chain finance can do to help.
This article covers the Hague-Visby Rules’ one-year time bar in relation to trade finance issued against a bill of lading as security and a claim for mis-delivery.
Digital trade finance has been top of mind for years, but most will agree that 2024 has seen a significant shift in mindset towards adoption. While the pandemic underscored the… read more →
