Monday, May 29th, 2023

Another busy month at ITFA, with numerous notable achievements and activities taking place worldwide. Allow us to share some of the highlights from May!

Tuesday, May 23rd, 2023

The current regulatory structures that govern sustainability reporting by Financial Institutions are creating a raft of unforeseen consequences that will ultimately militate against the long-term objective of meeting sustainability targets globally in the long run.

Tuesday, May 23rd, 2023

Prior to the introduction of the G7 oil price cap in December 2022, a number of vessels moved from direct Russian ownership or nationality to new companies domiciled in India and the United Arab Emirates (UAE).

Tuesday, May 23rd, 2023

On May 10th ITFA’s Africa Regional Committee (ARC) hosted the next two educational webinars in its series aimed at financial professionals working in Africa. These webinars explore topical issues in African trade, as well as the basics of trade finance, with insights and learnings drawn from ITFA’s network of experts.

Tuesday, May 23rd, 2023

On 15 March 2023, The ITFA Australia and New Zealand Regional Committee hosted the inaugural Australia Supply Chain Industry Summit at Macquarie Group’s premises in Sydney, Australia.

Tuesday, May 23rd, 2023

The first home banking service offered to US consumers was in 1980, delivered via internet modems to allow consumers to access – and only access – their account information securely.

Tuesday, May 23rd, 2023

What is forfaiting, you ask? Well, dear reader, it’s a financial instrument that’s not quite a promissory note and not quite a letter of credit. In other words, it’s like the middle child of the financial world – always overlooked and underestimated.

Thursday, May 25th, 2023

ITFA is pleased to welcome five institutions to its growing family:

– COFACE,
– Finventory,
– IQUW,
– WMC Energy

Tuesday, April 25th, 2023

I hope this newsletter finds you all well. As we continue to navigate the ever-evolving landscape of trade finance, I am pleased to share with you some of the latest developments and initiatives at ITFA.

Thursday, April 20th, 2023

ITFA has issued responses to the UK’s Prudential Regulation Authority (PRA) consultation on Basel 3.1 implementation, taking the lead on a submission that focuses on the recognition and treatment of credit insurance as a valuable credit risk mitigation tool, and joining forces with other industry associations on a submission outlining the implications for the bank-related provision of trade finance.

Thursday, April 20th, 2023

Demica has released its 2023 Benchmark Report for Banks in Trade Finance, its second annual report covering key trends across all supply chain finance products.

Thursday, April 20th, 2023

The ITFA is delighted to update you on the research that is being conducted to assess risks to the trade finance sector associated with sustainability and ESG regulations.