Fineon Exchange, an AI-powered online marketplace for trade finance assets, has appointed Jeanette Jones as its new director of business development.
Jones has over 30 years of experience in the banking sector, beginning her career at Chase in 1989. She then moved to Standard Bank, where she remained for 20 years, holding a number of positions across business development, including within trade and corporate finance, and global financial institutions. Her most recent banking position was at Standard Advisory London, a subsidiary of Standard Bank, which she left in 2019.
She is currently also an advisor to integrated supply chain solutions company Dints International, where she is responsible for building financial solutions and partnerships. She will divide her time between the two companies.
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GTR.
Industry insiders are hopeful that access to funding and insurance will
remain resilient across the wider supply chain finance market, despite the disastrous collapse of London-based behemoth Greensill.
Trade finance transactions on Triterras’ blockchain-based Kratos platform
GTR can reveal.
Swift has integrated the International Chamber of Commerce’s sustainable trade finance guidelines into its KYC registry,
Senior reporter John Basquill also provides a closer analysis of the sudden and
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Collapsed supply chain finance (SCF) firm Greensill began contingency planning for insolvency as early as December last year, a new document filed with Australia’s corporate regulator shows.
Grant Thornton, which has since been appointed as administrators to Greensill in the UK and Australia, was first engaged by Greensill’s UK arm in “late December” according to a filing to the Australian Securities and Investments Commission (ASIC), seen by
GTR.
Greensill was not publicly reported to be mulling insolvency until March 1, when Credit Suisse confirmed it had
pulled the plug on investment funds worth around US$10bn in funding for the firm.
The CPTPP
came into effect in late 2019, and comprises 11 countries including Australia, Canada, Japan and Mexico. It succeeded the Trans-Pacific Partnership (TPP), which former US President Donald Trump
.
Presenting China’s annual government work report on March 5, Premier Li Keqiang said the world’s second-largest economy “will actively consider joining” the agreement. This year’s report, which sets out general guidelines for China’s policies for 2021, has a strong focus on broadening the country’s opening-up policies and increasing international economic cooperation.
Li’s remarks come a month after Beijing’s commerce ministry said at a press conference that it is actively looking into accession to the trade pact in order to foster what it calls a new development paradigm, adding that it is “willing to enhance technical exchanges and communication with all CPTPP members”.