The new legislation, which amends the existing General Law on Negotiable Instruments and Credit Transactions and the General Law of Credit Organizations and Auxiliary Credit Activities, entered into force on 27 March 2024. 

HM Revenue and Customs has released its Customs Importer and Exporter Population official statistics for 2023, showing a decrease in the importer and exporter population compared to 2022.

The Lloyds Bank Trade Insight report focuses on these changing economic conditions and their implications on working capital from a treasury perspective.

The International Trade and Forfaiting Association (ITFA) has announced that it will provide its members with access to an industry framework for open account distribution. 

MAS’s COSMIC: Combatting financial crimes with secure info-sharing & legislation, bolstering Singapore’s integrity.

Discover how Just-in-Time Delivery can benefit your business & suppliers. Get insights into its core mechanics & implementation strategies.

Discover why export-led growth may not be beneficial for all nations, and what four factors contribute to slowing internal growth.

The Bankers Association for Finance and Trade (BAFT), a global industry association for international transaction banking, has released a whitepaper, “ISO 20022 Migration: Lessons Learned”, highlighting some of the critical lessons its members have learned while implementing this ‘new language of payments’.

Following on from our first predictions article, the incremental gains for credit insurance, trade and supply chain finance, TFG surveyed 9 more industry experts looking at what we might expect for technology for trade, treasury and payments in 2024.

40% of Britons want to exercise more in 2024, according to Forbes. For many, this means going to the gym, which has almost as many acronyms as trade and supply chain finance.

At TFG, we took the time to reflect back on the happenings across trade, treasury, and payments in 2023. After sifting through our news archives and speaking with industry experts, we devised this list of 9 key events and themes that shaped trade, treasury, and payments in 2023.

Trade credit insurance (TCI) and surety play a vital role in the global economy, yet they are often overlooked. These instruments provide a safety net that allows businesses to navigate unpredictable financial landscapes more confidently, ensuring that their cash flow remains stable and contractual obligations are met. 

In the realm of trade, treasury and payments, the quest for seamless transactions and the bridging of technological divides has taken centre stage. At Sibos 2023 in Toronto, the panel “Corporate to Bank APIs for Guarantees – Are we Future Ready?” focused on the role of standardisation in driving technological development for the industry.

To help drive digital adoption in trade, Stephenson Harwood, in alliance with Virtus Law LLP, has collaborated with Singapore’s Infocomm Media Development Authority (IMDA) to release an article, TradeTrust-enabled Electronic Bills of Lading – A legal and practical analysis of their use in global trade. 

Africa has been a gateway for trade for centuries, yet the development of modern financial instruments like receivables finance has lagged. Receivables finance is not just a financial instrument. It’s a lifeline for businesses, especially in the ever-evolving landscape of African trade.