On Wednesday, Switzerland announced new draft regulations aimed at reinforcing its anti-money laundering measures, making lawyers and consultants responsible for flagging risks and bolstering scrutiny of legal structures like trusts.… read more →

90% of world trade – from bulk raw commodities to breakbulk and finished goods – is moved on approximately 60,000 trading ships, crewed by about 1.5 million seafarers. To most traders, the potential risks associated with any one of these vessels is an unknown.

In July, India’s merchandise trade deficit was at $20.67 billion, based on export and import figures released by the government on Monday. According to a Reuters survey, economists had forecasted… read more →

In this episode of Trade Finance Talks, Alex Gray, Head of Trade and Transaction Banking at the London Institute of Banking and Finance (LIBF), and Noémi Klein, former Regional Head of Financial Crime Surveillance Operations at Standard Chartered Bank, share the main topics and insights covered at the LIBF Annual Trade Finance Compliance Conference 2023. Together, they shed light on the multifaceted issues faced by financial institutions and the recent developments in the intricate world of compliance in trade finance.

Last month, I found myself staying with a nomad family in a traditional yurt (‘ger’), 300km West of Ulaanbaatar, Mongolia, staring at the overwhelmingly star-filled night sky.

Wheat prices dipped slightly but remain on track for a weekly increase exceeding 9%, amid escalating tensions in the Black Sea contributing to potential disruptions in the grain trade from… read more →

Russia announced on Monday the suspension of a vital humanitarian corridor established to facilitate the export of crucial Ukrainian grains to global markets, just hours before the deal’s termination.  The… read more →

In a bid to bolster the robustness and competitiveness of Morocco’s private sector, the European Bank for Reconstruction and Development (EBRD) has granted Bank of Africa – BMCE Group (BOA)… read more →

Central Asia is becoming increasingly attractive to investors. It has abundant natural resources and is strategically located, leading to its reputation as a region with untapped economic potential.

China experienced a 7.5% decline in exports in May compared to the previous year, while imports were down by 4.5%, signalling a deceleration in the economic recovery post the lifting… read more →