Tag: ICC

BNY Mellon’s Dominic Broom writes for the ICC United Kingdom’s Trade Finance Conference

Although global trade has seen a decade of sluggish growth following the 2008 financial crisis, a recent rise in economic activity – particularly in Southeast Asia and certain Latin American markets – is increasing expectations for a resurgence in global trade growth. Yet two factors will be instrumental, Dominic Broom, BNY Mellon’s Global Head of …

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On the ICC’s blog, S&P offers its perspective on green finance and COP23

With environmental disasters becoming an increasing risk, businesses and policymakers around the world are sitting up and taking note of the effects of climate change on trade. Spurred by the 2015 Paris Agreement, carbon-reductive practices in energy and infrastructure – and the necessary financing – are rising, with green bond issuance nearly doubling in 2016 …

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ICC Banking Commission’s Olivier Paul on technology and trade finance in The Banker

Ahead of their latest edition, The Banker recently interviewed Olivier Paul, ICC Banking Commission’s Head of Policy. The cover article, “Is technology enough to plug the SME financing gap?” explores how developing standards around digital transactions and reforming regulation will be crucial in encouraging technology to support SME trade financing. In particular, technology has a …

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ICC Banking Commission’s Dave Meynell on the digitalisation of trade finance in International Banker

What next for the digitalisation of trade finance? Dave Meynell, Senior Technical Adviser at ICC Banking Commission sheds light on the transformations underway in the latest edition of International Banker. In the article, Dave examines the benefits of digitalising the trade finance industry for corporates and organisations – but also at the macroeconomic level. He …

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ICC Banking Commission’s Olivier Paul provides a view from ICC in GTR

In a recent article for GTR, Olivier Paul, ICC Banking Commission’s Head of Policy, discusses how the Banking Commission’s role will be critical as the trade finance industry adapts to unprecedented change. Olivier examines the current challenges facing trade finance – including the regulatory landscape, the technological evolution of the industry and the inclusion of new …

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ICC Banking Commission’s 2017 “Rethinking Trade & Finance” report covered by specialist press

The International Chamber of Commerce (ICC) Banking Commission has published the 2017 edition of its annual “Rethinking Trade and Finance” report, based on responses from banks across 98 countries. This year’s report singles out the imbalance of demand and supply in the global market, citing the approximate US$ 1.6 trillion of unmet demand. In addition, …

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ICC Banking Commission “Rethinking trade and finance” report featured in Nordea Insights

In its most recent newsletter, Nordea Insights – the Nordic banking organisation – has published an interview covering the latest ICC Banking Commission “Rethinking Trade and Finance” report. The interview, which features responses from a number of Banking Commission Executive Committee members, delves into various aspects of the report – including digitalisation and standardisation, sustainability …

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ICC United Kingdom’s Chris Southworth discussing UK trade negotiations on Sky News

This afternoon, ICC United Kingdom’s Secretary General, Chris Southworth, appeared on Sky News – commenting the importance of transitional arrangements during Brexit negotiations. The interview took place after the Confederation of British Industry strongly urged Government to keep Britain in the single market and customs union until a final Brexit deal with the European Union is …

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ICC Chairman, Sunil Mittal, talks free trade and protectionism on Ian King Live

Yesterday evening, Sunil Mittal, Chairman of the International Chamber of Commerce (ICC), appeared on Sky News’ Ian King Live, discussing his concerns about the growing movement away from free trade. The interview came ahead of the ICC’s World Trade Agenda Day in London today. To watch the full interview, please click here.

ICC Banking Commission’s 2016 Global Survey reported in Moneyweb

Following the release of ICC Banking Commission’s 2016 Global Survey on Trade Finance, Moneyweb – the tier-one South African publication – has reported on the latest Survey’s findings. The Survey found that SMEs bear the brunt of the global shortage of trade finance, facing 58% of rejections for trade finance proposals. In addition, the rate …

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