TRADE FINANCE

Expert Guidance

A new era is emerging in the world of Trade Finance. 

Trade finance modules include all aspects of the processes and practices in relation to the traditional trade finance products i.e., Letters of Credit, Standby Letters of Credit, Guarantees and Documentary Collections.

There are also modules covering the processes and practices for topics such as Bank Payment Obligation, Supply Chain Financing and modules. There is also a module covering Financial Crime, Fraud and Sanctions. 

The time is ripe in this period of economic growth and stability to revisit the way trade finance is regulated. What is more, a new way forward on regulations could free up massive capital to fund the UN’s Sustainable Development Goals.
Anti-money laundering rules have been a big impediment to securing trade finance, banks say. But blockchain and Robotic Process Automation may be of help. Basel IV rules on bank capital requirements go into effect in 2022, but the effects will be felt much sooner. Will the new rules get rid of the obstacles that have damped the market for trade finance?
Billion-dollar fines and tightening    regulations have done little to stop bad corporate behaviour. It’s time to test a new way.