Law firm Norton Rose Fulbright has announced the promotion of two export finance lawyers to partner status, beginning next ...

The Lloyd’s Market Association (LMA) has revised a key sanctions clause to give underwriters more flexibility when grappling with restrictions across differing legal frameworks. Clause LMA3100 – ...

A strong local economy, expanding trade flows and an influx of commodity merchants are fuelling growth in the UAE’s trade finance market. Most local banks are seeing steady increases in lending and ...

we.trade, a blockchain-based platform for open account trade, has closed its doors after being unable to secure further investment to continue as a going concern, GTR has learned. we.trade is a ...

The global shortfall in supply of trade finance has remained steady at US$2.5tn, according to the latest edition of a closely watched benchmark survey. The value of the trade finance gap is estimated ...

A group of supply chain finance providers have more than US$866mn exposure to US car parts supplier First Brands Group, which has filed for bankruptcy protection. First Brands Group has faced investor ...

As the first signs emerge of enforcement action linked to disgraced Singapore oil trader Hin Leong, court documents have revealed the extent to which the company had become dependent on fake trades, ...

BB Energy has won a last-minute court judgment to prevent the government of South Sudan from selling an oil cargo worth at least US$20mn, due to be shipped next week, as it seeks repayment of a ...

Trafigura chief executive Richard Holtum says the commodity trading giant has undertaken a “significant governance and controls project” after suffering a US$1bn loss in a fraud scandal within its ...

An independent investigation into First Brands Group’s bankruptcy is probing whether receivables may have been financed multiple times, after the company accrued US$2.3bn in factoring liabilities. US ...

In the latest fraud case to rock the commodity finance world, Singapore-based Agritrade International has been accused of “massive, premeditated and systematic” deception by banks left exposed to the ...

Digital trade finance consortium Contour is terminating its services, after being unable to raise sufficient funds from its bank shareholders to continue to sustain itself. In a memo to its members ...