Writing in TXF, Olivier Paul, Director, Finance for Development at the International Chamber of Commerce (ICC), explains how the need to comply with mounting regulation and compliance requirements has led to unintended consequences for trade finance.
In turn, it is up to the industry, led by organisations such as ICC, to advocate for appropriate and fair treatment of trade finance within banking regulation.
Read the ICC’s latest report on the topic, Banking regulation and the campaign to mitigate the unintended consequences for trade finance: a milestone report.
Read the full article on TXF here.
While the first half of 2019 saw a somewhat lacklustre performance in the global green bond market, the latter stages of this year are bringing change – particularly for Latin America.
Speaking to BloombergNEF, Anne-Christine Champion – Global Head of Real Assets, Corporate and Investment Banking at Natixis – explains how the continued low interest rate environment is making infrastructure attractive to institutional investors seeking “a better risk-adjusted return than with corporate bonds”.
BPL Global has brought reinsurance expertise in-house with the appointment of Gregory King-Underwood as Director and Head of Global Reinsurance and Portfolio Solutions.
S&P Global Ratings has assigned Bazalgette Tunnel Ltd’s £75 million fixed-rate senior secured green note issuance a score of E1/95 under its Green Evaluation, representing the highest score on the E1-E4 scale. Proceeds from the issuance will be used to design, build and maintain the Thames Tideway Tunnel in London.
Speaking with Trade Finance Global, Global Credit Data’s (GCD) Executive Director, Richard Crecel and Membership and Methodology Executive, Daniela Thakkar, discuss IFRS 9 implementation, benchmarking, and how they collaborate and engage with regulators to ensure GCD’s data can be put to best use .
Deutsche Bank has released its second guide to the ISO 20022 migration. As Part 1 of the Guide emphasised, banks should not consider the migration to ISO 20022 as just “another IT project” and it’s equally important that corporates do not make the mistake of writing it off as just “another bank project”. So whether it’s a global bank implementing seismic changes, or a small corporate taking more modest steps, all market participants need to be regularly updated and ensure they are moving in the right direction.
In a guest commentary for Börsen-Zeitung, Frank Schafft – Head of Global Markets DACH, Corporate Investment Banking and Member of the Executive Board of Natixis, Germany Branch – notes that the real estate sector – a carbon-intensive asset class – is becoming increasingly popular in terms of investment, so it is essential that it aligns with sustainable initiatives at the investment level.