Central and Eastern Europe is home to some of the continent’s fastest-growing economies. The Caucasus and Central Asia, with which many banks in the region have strong ties, feature a mix of mature and rapidly evolving trade finance markets. In the lead up to the first GTR CEE conference in Vienna, GTR convened a group of trade and correspondent banking specialists to dissect the region’s economic trajectory, the problem of bank de-risking and the prospects for digitalisation.
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International Personal Finance Plc as a Co-Host of "The Digital Finance Agenda: Challenges and Priorities of the EU Institutions for 2024-2029" 🌟 We are delighted to announce that tomorrow, December 3rd, at the European Parliament in Brussels, we will co-host an important debate: "The Digital Finance Agenda: Challenges and Priorities of the EU Institutions for 2024-2029". The session will be moderated by Jiri Hauptmann, Corporate Affairs Director at IPF Digital, bringing together experts and stakeholders to discuss how Europe can enhance its competitiveness while ensuring robust consumer protection. Key topics include: 🔹 Transition from open banking to open finance as part of the EU Payment Services Package. 🔹 Access to financial data and its implications. 🔹 The role of fintech in driving innovation and competitiveness. We warmly invite all interested parties to join this significant event. It’s a great opportunity to exchange ideas and shape the future of digital finance in Europe. Let’s explore how fintech and EU policies can lead the way towards sustainable growth and innovation. #IPFDigital #Fintech #EU2024 #Innovation #OpenFinance
Corporate Development, Sustainability and Marketing Professional; European Affairs Director at IPF and Corporate Affairs Director at Provident Czechia
For 🇪🇺 the year 2024 was year full of changes. We have the new Parliament and the Commission with a new program and ideas, how to increase growth and weakening competitiveness of the union. Financial market plays an important role in ability to make plans real. What is role of the fintech on the competitiveness and innovation? What is impact of the current regulatory framework and its pending changes like payment services and open banking regulation? What are burdens for the fintech? What will be new trends in digitalisation? I am looking forward to facilitate and co-host a policy roundtable "The Digital Finance Agenda: Challenges and Priorities of the EU Institutions for 2024-2029"
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Read our latest analysis on global commerce strategies and the tools available for risk mitigation in trade finance. Discover how companies can better manage risks and navigate the complexities of international trade. Full article here: https://lnkd.in/grRdjqpU Key Points: - Trade Finance Evolution: Explore the latest tools reshaping how businesses approach international trade risk. - Risk Mitigation Strategies: Learn effective approaches to minimize financial exposure in cross-border transactions. - Global Commerce Trends: Understand the shifts impacting trade finance in an increasingly interconnected market. Share your thoughts on trade finance strategies in the comments below. See how martini.ai can enhance your strategy: https://lnkd.in/grbEbxeu #TradeFinance #RiskMitigation #GlobalCommerce #BusinessStrategy #PrivateCredit #martiniAI
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Mitigating risks in global trade finance requires a blend of strategic foresight and practical tools. Key challenges such as political instability, currency fluctuations, and regulatory discrepancies can disrupt supply chains and financial flows. To navigate these, companies must implement robust risk management frameworks, focusing on diversification and the use of financial instruments like credit insurance and hedging strategies. Additionally, leveraging technology, such as automated risk monitoring and AI-driven analytics, enhances a company’s ability to anticipate and address trade finance risks, fostering more secure and efficient global transactions. Learn more about how martini.ai can enhance your strategy: https://lnkd.in/gzH4U5-h
Read our latest analysis on global commerce strategies and the tools available for risk mitigation in trade finance. Discover how companies can better manage risks and navigate the complexities of international trade. Full article here: https://lnkd.in/grRdjqpU Key Points: - Trade Finance Evolution: Explore the latest tools reshaping how businesses approach international trade risk. - Risk Mitigation Strategies: Learn effective approaches to minimize financial exposure in cross-border transactions. - Global Commerce Trends: Understand the shifts impacting trade finance in an increasingly interconnected market. Share your thoughts on trade finance strategies in the comments below. See how martini.ai can enhance your strategy: https://lnkd.in/grbEbxeu #TradeFinance #RiskMitigation #GlobalCommerce #BusinessStrategy #PrivateCredit #martiniAI
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Looking forward to GTR UK and sharing this track session #GTR #santander #TradeFinance #exportfinance Santander UK Corporate & Commercial Global Trade Review (GTR)
Trade-related financial crime continues to be big business, with fraud, bribery and money laundering posing huge problems across the sector. Meanwhile, the UK government recently readied the launch of a trade sanctions enforcement unit to support enforcing restrictions on an estimated US$20bn of UK goods. The impact of this more heightened risk environment will be examined by Mark Ling (Santander Corporate & Commercial Banking), Natalia Dziedzic (Czarnikow Group), Drs. Ing. Edwin HJ de Groot (Conpend) and Kim Manchester (ManchesterCF Financial Intelligence) at #GTRUK. The discussion will focus on the impact on corporates, due diligence and KYC, providing insights into ‘red flags’ and practical guidance on how best to maintain compliance and the role of behavioural analysis and analytics technology. Join us in #London on June 20 to be a part of the UK’s leading event for global trade and #tradefinance. Visit gtreview.com/gtruk or contact bookings@gtreview.com to secure your place.
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We're thrilled to announce the publication of an insightful article titled "Export Control Compliance: The Imperative for Banks and Financial Services Providers - Part 2" by Patrick Goergen in AGEFI Luxembourg - Le Journal Financier de Luxembourg! 🌟 AGEFI Luxembourg, the esteemed financial newspaper founded in 1988, is renowned for its comprehensive coverage of financial, economic, and European news in Luxembourg. With monthly reports in the newspaper and daily updates via the Fax newsletter in French and English, AGEFI has been a trusted source of information for decades. Patrick Goergen's article delves into the critical importance of export control compliance for banks and financial services providers, offering valuable insights into navigating regulatory landscapes and mitigating risks. Don't miss out on this enlightening read! Explore the article now and dive into the world of export control compliance. Download our related complementary eBook on our website: https://lnkd.in/e5h5Nk5c #ExportControl #Compliance #FinancialServices #AGEFILuxembourg #Insights #FinancialNews
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Managing Partner and General Counsel at Empire Global Partners and Iruke Legal Inc.
Cross-border financial transactions are a cornerstone of global commerce, enabling businesses to expand and individuals to invest beyond their home countries. However, the complexity of international regulations presents compliance challenges that require innovative solutions. Institutions must adapt to evolving standards to ensure seamless and lawful operations.
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Cross-border financial transactions are a cornerstone of global commerce, enabling businesses to expand and individuals to invest beyond their home countries. However, the complexity of international regulations presents compliance challenges that require innovative solutions. Institutions must adapt to evolving standards to ensure seamless and lawful operations.
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flow article: Following the publication of our updated Guide to Digital Trade Finance, one of our key contributors, International Chamber of Commerce (ICC), Digital Standards Initiative, Managing Director, Pamela Mar, has written a guest article in our new edition of flow. Here, she discusses how the trade finance industry can create a digital ecosystem and align the flows of trade and finance. Read more here: https://lnkd.in/eHcrvdWw! #TradeFinance #SupplyChains #Digitalisation
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Cumbersome, labour-intensive, expensive. These are just a few of the epithets levelled at paper trade documents in the push to modernise centuries-old trade finance practices. While the focus has been on adopting digital methods, what attention has been paid to the potential side effects of doing away with paper? Jacob Atkins examines what risks might lurk in the future of digital trade, and what is being done to address them.
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The move towards digitalisation in global trade is not just a trend but a necessary evolution: one that promises to improve efficiency and reduce costs. For daily news and analysis subscribe to the www.cfopeek.com newsletter. #CFO #FinanceLeadership #Business
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1moRising tides lift all boats." Discuss how the growth in Central and Eastern Europe can benefit the entire region Global Trade Review (GTR)