Since Brexit, UK businesses and their EU clients have been hit with increased euro transaction fees which could potentially cost them millions.
With the WTO Appellate Body no longer functioning, will the interim appeal arrangements established by the EU, Australia, Canada and others not just ‘stop the gap’ but also pave the way to reform?
Money laundering has become more visible in global trade over the past few years, and several organizations are trying to identify and prevent it.
The Alternative Reference Rates Committee (ARRC) announced it selected CME Group as the administrator that it plans to recommend for a forward-looking Secured Overnight Financing Rate (SOFR) term rate, once market indicators for… read more →
Cairo, 18 May 2021: – African Export-Import Bank (Afreximbank) on 10 May 2021 successfully closed a US$1.3 billion dual tenor bond issuance, the Bank’s largest-ever transaction in the international debt capital… read more →
Businesses can deal with clients and suppliers internationally as easily as they can domestically, with a single account for holding, sending and receiving cash in multiple currencies (LONDON) HSBC has… read more →
BNY Mellon’s Joon Kim, Global Head of Trade Finance Product and Portfolio Management, Treasury Services, explores how the move from LIBOR to SOFR will impact trade finance.
Geneva. Sucafina SA (the “Company”), a leading sustainable Farm to Roaster coffee company, is pleased to announce that it has successfully closed a 2-year Sustainability-linked Senior Secured Borrowing Base Facility… read more →
Kenneth Wong, Director, Global Transaction Banking, TD Securities, talks about the changing payments landscape, cross-border payments and digital currencies.
By the end of 2021, it’s anticipated that LIBOR rates will be discontinued, transitioning to the SONIA or SOFR. But what does this mean for trade finance? ITFA explains
