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.
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.
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.
It's likely you've got plenty on your plate at the moment, so Swift's decision to delay the implementation of the new industry standard for cross-border payments is coming as a relief
When it comes to the bounce back, the markets and analysts are looking to more permanent damage. The coronavirus recovery is likely to be U-shaped, they say, rather than V-shaped