By trainee Humzah Irfan at Sullivan in London
Sam Fowler-Holmes restarted Sullivan's Breakfast Seminar, this time at lunchtime! On the day England moved into a second national lockdown due to the COVID-19 pandemic, Sam provided an overview of the impact of COVID-19 on the trade finance sector. The presentation discussed issues from the progress in digitalisation in the trade finance market to Brexit and LIBOR.
Topics: Brexit, LIBOR, Supply chain finance, COVID-19, Digitalisation
ITFA has published "A guide to accounting and legal issues under IFRS 9 for the trade receivables and supply chain finance industry."
These are ITFA's first set of guidelines on the standards aimed solely at the trade and supply chain finance industry, since the International Accounting Standards Board (IASB) issued IFRS 9, which came into force on January 1, 2018.
Topics: ITFA, IFRS 9, Supply chain finance
Talking Trade Finance is here to provide you with all of the latest updates in the Trade & Export Finance Industry.
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Ellis Lawson is a partner in the Trade & Export Finance Group in Sullivan's London office. He has extensive experience across a wide range of finance products and geographies, having spent significant portions of his career based both in London and in the Middle East and having advised on transactions across Europe, the Middle East and Africa. Ellis is also a speaker for Sullivan's Trade & Export Finance webinars.
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