Global shipping is one of the most challenging sectors to decarbonise. The International Maritime Organization (IMO) has set out an ambitious goal to reduce the industry’s greenhouse gas emissions by 50% from 2008 levels by 2050, a target that will require the swift development of zero or low-emission fuels, new ship designs using cleaner technology, and climate-proof operations such as carbon efficiency optimisation initiatives.
At the WTO’s Public Forum in September 2022, helping MSMEs access trade and trade finance, especially during the current economic times, has been one of the top agenda items.
To learn more about how the WTO is putting its weight behind the cause, Trade Finance Global (TFG) spoke with Uruguay’s Ministry of Foreign Relations, Mauro Bruno.
To help combat fraud and provide advice to banks, trade associations, governments, and regulators, the International Chamber of Commerce (ICC) UK, Centre for Digital Trade and Innovation, and MonetaGo have released their latest whitepaper: Shutting fraudsters out of trade.
Singapore and Australia share longstanding economic, strategic, and people-to-people ties, underpinned by the Comprehensive Strategic Partnership. These relations and multiple shared interests at regional and global levels have led them… read more →
With the expanding use of economic sanctions within and across jurisdictions, lawyers have to consider not just the wording of the relevant economic sanctions but also how regulators will interpret whether certain activity is compliant or not and how courts will reach conclusions.
Today, the world is witnessing its most ingrained and confounded global food crisis triggered by heavy inflation, supply chain disruption, and the Russia-Ukraine conflict.
The world is run on transactions. And the world of transactions is changing.
The field of cross-border payments is a vast and multi-faceted area, posing multiple challenges for banks, corporates, and businesses daily. With so many nuances within the sector, it can be difficult for market players to reach a unanimously beneficial solution.
HSBC has reduced the approval process for new receivables finance (RF) customers from 1-2 months to under 48 hours using a new technology platform. Using the new online application journey,… read more →
The integration brings together banks and corporates globally through a common digital network ecosystem, increasing access to trade finance while enabling seamless and secure transactions. Today at Sibos 2022 in… read more →
Surecomp today announced that it has completed a pilot of automated environment, social, governance (ESG) scoring and tracking in its flagship trade finance solution RIVO™. Based on a dataset of… read more →
