Legal & regulatory

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News
18 September 2014
Further to the EU sectorial sanctions imposed on Russia on 29 July, the US and the EU have tightened the screws on Russia’s largest banks, oil producers and defence companies in a further...
Alain Raes
Face to face
28 August 2014
In the run-up to Sibos Boston 2014, SWIFT’s Alain Raes reflects on new trade flows and the impact of regulation on correspondent networks  
KYC_ Know your customer
Feature
28 August 2014
Robert Parson looks at KYC, AML and sanctions vigilance in a constantly evolving trade finance landscape    
Panel
Opinion
28 August 2014
Tightened KYC, AML and sanctions regulation are here to stay but dialogue with regulators has room for improvement say TFR’s conference panelists  
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News
19 August 2014
It’s not just banks that have been introducing stricter compliance controls after high-profile censures such as the BNP Paribas US$8.97bn fine for sanctions breaches– but London’s...
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News
12 August 2014
On 29 July 2014, European Union agreed a package of significant additional restrictive measures targeting sectoral cooperation and exchanges with the Russian Federation. They affect Russia’s...
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Technology Update
7 August 2014
Interested shippers and forwarders can now make use of the FIATA (Fédération Internationale des Associations de Transitaires et Assimilés/International Federation of Freight...
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Technology Update
29 July 2014
As a global provider of food, agriculture, financial and industrial products and services, Cargill, one of the world’s largest privately-owned businesses, has accelerated its transition from...
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Blog
26 July 2014
  Even though the recent round of sanctions by the US against Russian producers and traders are not, on the face of it, particularly restricting, they nonetheless create an uncomfortable...
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Awards
22 July 2014
While trade finance is one of the safest forms of lending, the legal checks that make it so require expert support.  
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News
22 July 2014
 Further to TFR’s report ‘WTO Bali outcome a boost for trade finance’ in January 2014 where the WTO’s 160 members agreed to simplify customs procedures worldwide,...
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News
19 July 2014
On Wednesday, 16 July, the Obama administration imposed sanctions on Rosneft, denying the world’s largest oil producer access to the US equity or debt markets for new financings with tenors...
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News
16 July 2014
Following responses to the Financial Conduct Authority’s Thematic review TF13/3 ‘'Banks' control of financial crime risks in trade finance' in July 2013’ (www.tfreview...
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Blog
9 July 2014
While the fact that BNP Paribas was cruising for a bruising was well sign-posted in the press, not least after last-ditch efforts by French President Hollande to intervene directly with opposite...
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News
9 July 2014
The thorny issue of licences for software programmes reared its head in the world of trade finance when US district court injunction of 9 May 2014 requiring RBS to stop using BankTrade, a Complex...
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News
13 June 2014
The UK Chancellor of the Exchequer, George Osborne, has announced plans to make manipulation of key financial sectors a criminal offense  
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News
11 June 2014
The world’s largest global diversified natural resource corporate Glencore has signed a jumbo US$15.3bn revolving credit facility (RCF). Announced on 6 June 2014, the deal was originally...
Issuing
Feature
5 June 2014
Joe Levin examines post-crisis bank aversion to the fronting bank role in reserve-based lending deals, and considers the alternatives and suggests that changes to the current fronting regime are...
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