S&P Global Ratings’ Post

💠 Lending conditions for #SMEs have become more tightened. Bank regulation has to make #SME #lending easier and more attractive for banks. ✅ SMEunited advocates for strengthening #SME finance for #twintransition and investments. ➡ Check out our priorities: https://lnkd.in/eMf-3riz #SMEs4Europe #EUelections24 #UseYourVote EU Representation Austrian Federal Economic Chamber UNIZO UCM Zentralverband des Deutschen Handwerks (ZDH) Confartigianato Imprese CNA Bruxelles MKB-Nederland CMA France U2P Suomen Yrittäjät ry CPME nationale PIMEC CEPYME Fed. Trabajadores Autónomos. ATA. Chambre des Métiers Luxembourg European Builders Confederation EBC

▶️ NEW VIDEO | ITFA Christmas Party: Unwrapping the EU Late Payments Regulation 🗣️ At the ITFA Christmas event in London, TFG’s Deepesh Patel sat down with Silja Calac, a Board Member at the International Trade and Forfaiting Association (ITFA), to discuss the key novelties of the Late Payment Regulation proposal compared to the existing Late Payment Directive, its potential impact on businesses, especially SMEs, and the recommendations put forth by ITFA to navigate these proposed changes successfully. 📺 Watch the full video by following the link in the comments section 👇 #paymentsindustry #SMEs #EU #regulations

#USDMF Filings: Q4CY23: 326; +16% YoY & +2% QoQ CY23: 1202; +20% YoY Out of the total USDMFs filed in CY23, Chinese co.s had the highest no. of filings with 472 DMF (~39% of total vs. ~34% of total in CY22) followed by India with 443 DMF (~37% of total vs. ~42% in CY22) #Health2Wealth #Perpetuity

SEBI has officially announced the reduction of face value of private placement of NCDs from Rs 1 Lac to just Rs 10,000! By making this move official, SEBI is encouraging retail investors to participate in the private placement bond market. This initiative is highly promising and is expected to significantly boost the Indian debt market. Understand what this means👇 https://lnkd.in/geNRMui6 #SEBI #NCD #Privateplacement #FaceValue #Bonds #DebtMarket #BondsIndia

AGREEMENT ON AFCFTA POLICIES: Market Access 2.0 Under the African Continental Free Trade Area (AfCFTA) agreement, when a country agrees to allow foreign services into its market—such as in sectors like banking, healthcare, or education—it must follow specific rules. One key rule is that the country cannot limit the number of foreign service providers that operate within its borders. This means they cannot impose numerical quotas, give exclusive rights to a single company, or require special conditions (like proving there’s a need for the service) unless this was explicitly agreed upon in the official terms. Additionally, the country is not allowed to set limits on the total value of services that foreign providers can offer. This includes restrictions on the total value of service transactions or assets, such as through numerical quotas or the requirement of an economic needs test, unless these restrictions were already specified in the country’s official agreement or schedule. These rules are important because they help ensure that markets remain open and accessible to more service providers, promoting healthy competition and better services for consumers. By preventing unfair practices, such as creating monopolies or limiting competition, countries can create a more equitable and dynamic market environment. #OpenMarkets #FairTrade #ServiceSector #InternationalBusiness #CompetitionMatters

RXIL Global IFSC Limited onboards Federal Bank to its International Trade Financial Service (ITFS) Platform. This collaboration marks a significant milestone in our journey towards revolutionizing cross-border transactions, empowering businesses with easy access to financial solutions. Leveraging the power of Federal Bank trade finance solutions and our seamlessly integrated service on RXIL Global's ITFS Platform, we aim to enhance the efficiency and effectiveness of business relationships between Importers and Exporters. Our simplified ITFS Platform and Federal Bank's trade finance expertise enable us to optimize synergy between importers and exporters while enhancing operational dynamics, driving heightened economic growth. Suman Das Chetan Mokal Indrajit Samanta RathnaMala L V Sanjay Borade Kishor Pradhan #tradefinance #receivables #internationaltrade #supplychainfinance #digital

At the DFSA, we are seeking your input on proposed changes to our fee structure, aiming to align the fees with our statutory and regulatory obligations. Read our Consultation Paper No. 157 – Proposed Changes to DFSA's Fees here: https://lnkd.in/dZh5my7w The deadline for submitting your input on this Consultation Paper is 15 May 2024. Join the discussion today: https://lnkd.in/dpPw23ie #DFSA #fees #regulation #regulator #consultation #consultationpaper

As per the Regulation 34 (2) (f) of Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI vide Circular No. SEBI/HO/CFD/CFD-SEC-2/P/CIR/2023/122 dated July 12, 2023, requires the Top One Thousand listed entities based on market capitalization, to submit BRSR as per the updated format as specified by SEBI. In this regard, NSE India has annexed the BRSR FAQs / Guidelines & General Observations based on the filing of BRSR for last year. Data inconsistency and incorrect adding up of details on employees, their benefits, training etc., or conflicting information like more waste disposed than generated were some of the common observations. To know more - read the FAQ document attached. #SEBI #BRSR #SEBICircular #NSEIndia #DisclosureRequirements #MarketCapitalization #CorporateDisclosure #CorporateGovernance #FAQs #Guidelines

Situation is so bad that Government is considering bringing Payment law. It is issue of ethics and morals, which has deteriorated in Indian Industry. MSMEs are supposed to spend time and effort on excellence in products and services, not supposed to run after payments or after banks, precious time and resources go wasted just because large corporations including Government PSU have one sided payment terms. https://lnkd.in/dNMMFX2i

How will the NBN price changes impact your NFP organisation? The recent NBN price changes could have significant implications for NFPs. It's crucial to reassess your network suitability and value to ensure your organisation isn't overpaying or underperforming. In our latest article, we delve into: 🔹 Practical examples of the impact 🔹 Key considerations for NFPs 🔹 How to reduce costs, mitigate risks, and improve decision-making 👉 Read the full article on our website: https://lnkd.in/gAXDbn5d