UNDERSTANDING RISKS IN TRADE FINANCE (UPDATED FOR COVID-19)

The International Chamber of Commerce Academy has published a blog post from 14 October saying that the risks in international trade are not just borne by the importer and exporter.  Banks and other finance providers provide financing in a variety of ways and are exposed to their own risks while doing so.  The post provides a guide that focuses on the key risks faced by finance providers. It aims to give a broad overview of the risks one may face, to be better prepared and better manage the solutions to offer to clients.

https://icc.academy/trade-finance-risks

I would be grateful for any modest contribution for my time and ongoing costs of computer, relocation, and (still ongoing) removal costs, I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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