GTR eNews: August 24th

GTR eNews: August 24th

GTR's weekly eNews brings you the latest from the global trade and trade finance industry, brought to you by GTR's award-winning editorial team. Subscribe to?The GTR Bulletin?LinkedIn Newsletter or receive updates directly to your inbox by subscribing?here.


Top Stories

Singapore trader presented fraudulent documents to Standard Chartered, OCBC, court finds

Winson Oil made false representations to two banks when seeking payment for sales to disgraced trader Hin Leong, a Singapore High Court ruling has found.?

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Singapore banks see slower trade activity as demand falters

Banks in Singapore have blamed a flagging trade environment and China’s weak rebound from the Covid-19 pandemic for a dip in trade finance activity in the first half of the year. ?

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Looming sanctions on Russian metals a “game-changer” for EU importers

European importers face a potential sanctions headache from next month, when rules take effect requiring them to prove?imported products do not contain any Russian-origin steel or iron.?

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The cleantech race

With the US striving to bypass China and produce cleantech on its own turf, how are American banks responding as the green energy transition takes shape?

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Feature of the week

Ship-to-ship-to-ship

The movement of sanctioned Russian goods presents a growing threat to western banks and traders. Technology that can scrutinise a vessel’s history and ownership has never been more important.?

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On the move


Other stories


Contributed Articles

Roundtable: Banking on trade transformation

In this virtual roundtable, supply chain finance fintech Demica invites banking experts to discuss the drivers of technological investment in trade and how to align the interests of competing stakeholders.

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The rise of fintech: Pioneering the digital revolution in the financial industry

Jacco de Jong, sales lead at Bolero International (WiseTech Global Group), outlines the ways fintech companies are leveraging digital trends to support financial institutions and boost competitiveness.

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Embedded finance: Making every corporate a fintech

Raja Debnath, co-founder and managing director of Veefin Solutions, a supply chain finance and digital lending technology company, provides an overview of the embedded finance landscape.

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