Page 15 - Exporta Publishing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

An influential international financial crime body has added the United Arab Emirates (UAE) to its greylist of high-risk jurisdictions, though the country’s authorities tout significant improvements in the fight against illicit finance.  The Financial Action Task Force (FATF) – a standard-setting organisation focused on illicit financial flows – announced last week that the Middle Eastern ...

Export credit agencies (ECAs) and trade credit insurers have hurriedly axed coverage for Russia and Belarus as the deepening conflict and western sanctions interrupt trade and major projects. At least 10 ECAs have stopped or limited coverage for the two countries since late February, when Russian President Vladimir Putin launched an invasion of Ukraine. Many ...

The number of UK businesses that export has declined in the year since the United Kingdom officially separated from the European Union, according to new data from Coriolis Technologies and the Institute of Export and International Trade (IoE&IT), which find that global supply chain disruption and the impact of the pandemic are also pressuring exporters. ...

Trafigura has refinanced its European multi-currency syndicated revolving credit facilities (RCFs) worth US$5.3bn, in a pair of deals that the commodity trading giant says are once again structured as sustainability-linked loans. The loan structure comprises two separate RCFs, a 365-day agreement worth US$2bn and a three-year facility valued at US$3.3bn, both of which come with ...

TradeSun has struck a partnership with information and analytics provider IHS Markit, as the trade finance technology firm works to strengthen its artificial intelligence (AI)-powered compliance checking solution. The agreement allows users of TradeSun’s platform to tap into IHS Markit’s financial crime datasets when conducting compliance checks, including vessel tracking for sanctions breaches, container compliance ...