ICC report reveals much work remains to be done to promote the fair regulatory treatment of trade finance, covered by the specialist press

The International Chamber of Commerce (ICC) Banking Commission has released a whitepaper urging the trade finance industry to work together to ensure that regulation does not hinder the availability of trade finance and remains relevant in a digital landscape.

The milestone report, titled Banking regulation and the campaign to mitigate the unintended consequences for trade finance, takes a close look at the regulation and compliance requirements that have come into force since the 2007 financial crisis and the industry’s subsequent efforts in promoting their fair treatment of trade finance instruments.

To read the report, please click here.

The news was covered in GTR, TXF, Business Money, PYMNTS, Trade Finance Analytics, Trade Finance Global, Fintech Finance, Finextra, International Trade Magazine, TRF News, Financial IT and Trade Arabia.