Category Archives: General Trade Finance

Do Free Trade Zones encourage Money Laundering? In its July 2019 report “on the assessment of the risk of money laundering and terrorist financing affecting the internal market and relating to cross-border activities”, the European Commission identified 47 products and services as potentially vulnerable to money laundering or terrorist financing. Of seven products…

For the 13th consecutive year, the Institute of International Banking Law & Practice conducted its one-day Guarantee & Standby Forum in Singapore. This Executive Summary provides an overview of topics discussed and debated by leading professionals at this year’s event. Traps and Challenges in Guarantee & Standby Practice  Guarantees with overly…