This month, DCW unpacks the legal and practical shifts reshaping trade finance interpretation. Why are ICC Opinions becoming increasingly scarce?
Writing as a trade finance professional with a long background in the business, Dave Meynell offers his personal views on factors contributing to the sharp reduction in ICC Official Opinions issued over the past several years.
With the causation defence being increasingly engaged in misdelivery cases, there is a great deal for banks and shipowners to learn from The “Maersk Katalin” case.
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.
Bangladesh Bank plans to reduce Import LCs by increasing he margin requirements for opening the LC. See how that affected issuance numbers.
PAKISTAN: Ishaq Dar, appointed on 28 Sept as the country’s finance minister for the fourth time, has made strengthening
Indonesian BNI Xpora Program Facilitating Digital Trade
First quarter 2022 financial results released by AerCap, the world’s largest aircraft leasing company, indicate it has recognised a USD 2.4b net charge related to the Russian invasion of Ukraine.
In spite of the ongoing Russia-Ukraine war, Nigeria has re-established its link with Russia for potassium and will take June
State Bank of Pakistan (SBP) is requiring all banks to seek prior approval before financing imports.
Year-end 2021 financial results released by African Export-Import Bank (Afreximbank)
Nepali banks said they would follow a “verbal directive” from Nepal Rastra Bank (central bank) to “discourage” traders from opening
Two years after news of the Hin Leong Trading debacle surfaced and fraud in the commodity trading sector came to light, repercussions are still being felt.
One of the world’s largest importers of wheat, Egypt is facing substantially higher costs for the product for which
Eastern Bank Ltd. has announced its partnership with Visa Worldwide Pte. Ltd. to offer trustee services towards domestic settlement obligations
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