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The latest trends, technology and insights in the world of international trade, supply chain and receivables finance from Trade Finance Global. Tune in for updates on

The latest trends, technology and insights in the world of international trade, supply chain and receivables finance from Trade Finance Global. Tune in for updates on


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The latest trends, technology and insights in the world of international trade, supply chain and receivables finance from Trade Finance Global. Tune in for updates on






Voice of the CBI: What is the UK’s Independent Trade Agenda?

In this podcast, as part of our UK trade series, we focus on 3 themes: what trade relationships in a post-Brexit world actually means for business, the role of trade when it comes to post-pandemic economic recovery, and the importance of international cooperation and multilateralism when it comes to boosting global trade. On the 1st January 2021, the UK-EU Trade and Cooperation Agreement (TCA) came into effect, but there are many loose ends, and the transition is not yet complete. We...


CEPA or CPTPP? An Overview of UK-Japan Trade

Japan is the third-largest economy in the world, and one of the most open economies with 4% of global GDP. Once perceived a difficult market to enter, it has, over the past 30 years, grown to be a global powerhouse, from automotives and agriculture, to digital trade and innovation. Today’s podcast focuses on the Free Trade Agreement, FTA with Japan, more specifically referred to as the Comprehensive Economic Partnership Agreement, Or CEPA. The UK and Japan are major investors in each...


Multilateral Perspective - A Roadmap for Sustainable Trade Finance

TFG heard from ICC Banking Commission experts who are taking a step beyond the hype of sustainable trade finance, and looking at the role of multilateral development banks (MDBs) and development finance institutions (DFIs) on what sustainable trade finance means and what the industry must do. There’s no doubt that Covid-19 has also changed appetite here. Companies are under pressure to see what’s happening right across their supply chains, and tracing any items in them – from field to...


FCI: Views from the Board, Factoring and Receivables

One year ago, FCI members gathered in Ho Chi Minh City, Vietnam, at FCI’s Annual Conference. Reflecting back, the 2018 factoring volumes stood at 2.7tn euros. For 2019, the volumes increased once again, by just over 5% YoY, at 2.9tn euros. What were the biggest challenges to the industry in 2019? 2019 saw extreme economic and political volatility, the rise in nationalism and protectionism, and of course, this led to a general slowdown in global trade. This was all before the coronavirus...


Building resilience in treasury: leadership, supply chains and cash flow

"Culture eats strategy for breakfast- which recognises the fact that strategies become extinct very quickly when faced with a pandemic, so it’s really important that the culture of a business or a treasury team, in this case, is one of agility and resilience." - Caroline Stockmann What then makes a good and effective leader? TFG's Deepesh Patel heard from Caroline Stockmann, Chief Executive, Association of Corporate Treasurers on lessons learned from the Covid-19 pandemic on building...


Does Free Trade really work? The Good, Bad and Ugly of Trade

Trade is a force good, but with the current Covid-19 pandemic, the World Trade Organization facing its biggest challenges yet, and a turn towards protectionism in many economies, the current trade outlook is unsettling, and uncertain. The UK’s trading regime after the end of the transition period yields much uncertainty and potential tariff reversals in just a few months. Today we’re talking about the power of good trade policy, how trade negotiations are done, and how to mitigate the...


The Transatlantic Trade Love Triangle

The United States and the European Union are the two most integrated trading blocks in the world, having increased their economic interdependence with the linkages in global supply chains, e-commerce, and investment. The trade flows between the two partners account for a third of world trade flows, totalling more than £1 trillion in 2019, and the two account for more than half of global foreign direct investment. Yet this triangle of trade has gone through a lot recently. With the UK...


The misuse of payables finance - Global Supply Chain Finance Forum (GSCFF) Commentary

The supply chain finance technique of payables finance is regarded by the industry as a useful and beneficial tool for both buyers and suppliers. Yet recently, it’s come under significant scrutiny by the press, financial Ombudsman, and various regulators around the world. Add to this, the financial distress wrought by the Covid-19 pandemic, with SMEs tending to be the first to feel the effects of financial crises. Peter Mulroy, Secretary General of FCI, Stacey Facter, SVP of Trade Products...


Customs, the BOM and Ro-Ro - What Next for the UK?

The Coronavirus Pandemic has quite rightly been the key focus for governments around the world in recent months, but that doesn’t mean the UK’s exit from the European Union has taken a backseat. Seems like quite a while ago now, but as of February 1st this year, the UK Brexited the EU, and we are in the transition phase until the end of 2020. But when clocks chime midnight at the New Year, the way exporters and importers trade with the EU will change significantly. There are implications for...


Separating cat pics from invoice scans - the role of artificial intelligence in global trade

Among the oldest areas of financial services, trade finance always held a central position within international trade, with 80 to 90% of transactions being financed by some form of credit, guarantee or insurance. However, the sector is one of the most manual and paper-based of the whole industry, resulting in expensive and error-prone operations with a slow processing time. Emerging and new technologies have potential to address these problems, with the potential to transform the way...


The state of trade: tension, transition, and turning point. TL;DR on ICC’s Global Trade Survey

Banks remain fairly optimistic about the future of trade finance, according to ICC’s recently published annual global survey on trade finance. In the words of ICC’s Secretary General John Denton, “The year 2020 has not unfolded as anyone would have anticipated.” As partners of this survey, TFG heard from Alexander Malaket, Chair of the Global Survey, joining from Toronto. We’ll be dissecting the Global Survey, highlighting the key takehomes and discussing what this means for trade...


'China Plus One' Strategy - Best of Both Worlds?

Trade in Asia is changing at an alarming pace. The US-China trade war continues to grind on, firms are now seriously thinking about their existing supply chain footprints, and understanding the importance of free trade agreements in and around APAC has never been more important. TFG heard from Dr. Deborah Elms, CEO, Asian Trade Centre on the impact of COVID19 for businesses in Singapore and also more widely in Asia Pacific. Full article and transcript here:...


WEF - The Fourth Industrial Revolution: Inclusive digital trade is the future

It's never been a more important time to recognise and accelerate the adoption of technology to help enhance, promote and ease global trade. Moreover, there are many challenges associated with the advancement of technologies, which are coinciding with the rapid emergence of: ecological constraints, the advent of increasingly multipolar international order and rising inequality. And to add to that, the economic and health impacts of the global pandemic Coronavirus have been huge. With that...


ICC SOS – Save Lives. Save Livelihoods. Save Our SMEs

The coronavirus crisis has affected MSMEs disproportionately and has revealed their vulnerability to the supply and demand shock, particularly around liquidity and cash flow. It’s estimated that 40-60% of small businesses might not reopen after the Coronavirus pandemic. 200 million full-time job losses are expected between April and July 2020. TFG heard from ICC’s Secretary General John Denton and talked about actions needed from governments, private sector leaders and international...


$5 trillion and counting - the MSME Finance Gap

Today we’re talking about micro, small and medium enterprises (MSMEs), and their importance in real-world economic growth, job creation, and innovation. Creating opportunities through MSMEs, particularly in emerging and developing markets is crucial, as it can help advance economic development and reduce poverty. Micro, Small and Medium Enterprises (MSMEs) are one of the strongest drivers of economic development, innovation, and employment. Access to finance is often identified as a...


Bitter Sweet: Global trade disruption and its impact on sugar flows

The ongoing impact of the global Covid-19 pandemic has severely impacted many businesses. Alongside the downfall of the oil industry and many others, we discuss the impact on a common commodity in everyone's household - sugar. TFG is very delighted to hear from Tanya and Stephen of Czarnikow discussing in detail the impact of Covid-19 on sugar supply chains. Czarnikow buys, sells, and moves sugar, food ingredients, packaging, and ethanol around the world. Full transcript and article here:...


KYP (Know Your Policy) – Learnings from CPRI in a post-Covid world

It is estimated that some EUR600bn of support to real economy businesses is provided by the credit risk insurance market, according to a recent survey by ITFA. Credit insurance is crucial in facilitating bank lending and in supporting trade flows. Trade credit insurance cover is largely used to provide capital relief - i.e., non-payment credit risk insurance, surety and risk participations. COVID-19 has certainly changed the behaviour of underwriters, and we wanted to find out where the...


SWIFT's 2020 Standards Release - An introduction to Messaging Types (MTs)

Structured data and standard formats for exchanging information around bank guarantees and letters of credit are key for the digitisation of trade finance. Interbank and bank-to-corporate messaging remains a challenge, and whilst the industry welcomes moves towards structured data and SWIFT’s new messaging types, there are still challenges. TFG heard from Olli Jääsaari, Standardised Trust expert and Nordea’s Trade Finance & WCM Product Manager. Full interview here:...


APAC Trade and Supply Chain Finance in 2020 - Market Commentary

Today's podcast is all about Asian trade flows and their expected growth, which is predicted to be between 4-9%, according to the ICC. A leader on the world stage, Asia produces, trades and consumes over two-thirds of major commodities. The region is on track to top half of global GDP and 40% of the world’s consumption by 2040. $900 billion of the $1.5 trillion USD trade finance gap stems from underfinanced businesses in Asia, yet promising developments around regional free trade agreements...


Wolfsberg Group: Fighting financial crime when the going gets tough

Money fuels serious crime, including drugs trafficking, human slavery and terrorism. Managing financial crime risk while keeping up with the speed at which trade finance and payments technologies are emerging presents a huge challenge for banks around the world. TFG heard from Standard Chartered’s Group Head of Financial Crime Compliance, David Howes.