Commodities Financing
Singapore Paper Reveals Banks Pass Inspection, but have Room for Improvement
Four years after the Association of Banks in Singapore (ABS) roll out of a “Code of Best Practices – Commodity Financing”
Hard Cases – Taking Stock of How Trader Defaults and Geopolitical Events Shaped LC Court Decisions
Following his writing in the January 2025 edition of DCW, Robert Parson continues his look at high profile cases by revisiting decisions surfacing from Singapore commodity defaults of recent years.
Warehouse Woes: Is Foshan to be the Next Qingdao?
Another troubling commodities financing controversy is unfolding in China that bears stark similarities to the Qingdao warehouse scandal of 2014,
UniCredit Bank A.G. v. Glencore Singapore Pte. Ltd. [2022]
Unreimbursed LC Issuer alleged sham transaction between Beneficiary and insolvent Applicant.
European Banks Boost Support of “Top-Tier” Commodity Traders
Research conducted by Fitch Ratings suggests that European banks appear to be increasing lending to commodity trading firms facing extraordinary liquidity needs due to fierce commodity price volatility.
Singapore’s ABS Establishes Industry Guidelines for Commodity Financing
The Association of Banks in Singapore (ABS), in concert with government agencies of Singapore, published a “Code of Best Practices
