The Asian Development Bank (ADB) has lowered its economic growth forecasts for developing Asian and Pacific countries amid a worsened global outlook in 2023. The region’s economy will grow 4.2%… read more →

Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA), announced the signing of the Strategic Alliance Memorandum (SAM) with Bankers Association for Finance and Trade (BAFT), the leading… read more →

A peek behind the curtain: trade finance insights from ground zero, Sibos

ITFA announced a new template that is being made available to its members in order to facilitate transactional information sharing. The ITFA NDA (Mutual Non-Disclosure Agreement for risk sharing in… read more →

Your Monday morning coffee briefing from TFG, URTEPO: ITFA releases new rules covering electronic payment obligations

Mercuria, an integrated energy and commodity trading company, recently went live with CargoDocs electronic Bills of Lading (eBLs), having participated in its first ever paperless trade transaction for an iron… read more →

Gunvor Group has successfully closed a €570 million working capital transaction, which consists of a syndicated, pan-European natural gas repo facility covering multiple jurisdictions in Europe with a shared security… read more →

ITFA has announced the release of Uniform Rules for Transferable Electronic Payment Obligations (URTEPO), a unique set of rules that cover electronic payment obligations.  Digitalisation and accompanying changes in the… read more →

Your Monday morning coffee briefing from TFG, New Trade Finance Talks issue launched – Pay to play: overcoming challenges in the payments sector…..

Recognition at the COP27 climate summit that “old economy” minerals are critical to the global energy transition brings new demands for the extractive industry to track their own emissions if they are to meet internal pledges to decarbonise.