eBLs stand to revolutionise a key part of international trade and yet only 2.1% of transactions are digitised. The Future of Trade Alliance is aiming to change all of that.
It can be red faces all round when it comes to debt financing without a healthy dose of ESG. Even in cost-sensitive emerging markets sustainable finance is going mainstream.
Although sections of the market seek an extension to the date for phasing out Libor, treasury officials, bankers and lawyers say they are working under the assumption there won’t be any delays.
For the UK, it was hailed as an historic triumph, reaching an 11th hour agreement after years of hard negotiating. For Asia’s treasurers, however, ‘no deal’ is still the only deal.
Increased supervision of China's banks would likely contribute to the stability of the global financial system, given the nation's large economy and its importance to emerging markets.
There can be little doubt that sustainability is now driving the style and substance of corporate governance. A new KPMG report quantifies exactly how much it has grown.
Mitigating systemic risks when LIBOR expires is all about fallback clauses and the International Swaps and Derivatives Association is taking further steps to firm up the post-IBOR world.