Standard Chartered, Trafigura complete first transaction on Singapore trade data platform
07-09-22 / by John Basquill
Standard Chartered and Trafigura have announced the successful completion of the first live oil inventory...Hin Leong
Rethinking inventory finance
15-08-22 / by John Basquill
The inventory finance world is still haunted by fraud. The collapse of Singapore trader Hin...
Singapore’s trade data platform goes live
02-06-22 / by Jacob Atkins
A new platform that is hoped will facilitate digital trade and deter fraudsters has gone...
Hong Kong energy trader struggles for survival as creditors circle
25-05-22 / by Jacob Atkins
Hong Kong oil and gas trader NewOcean Energy is fighting a new petition to wind...
Singapore authorities say commodity finance “stable” amid growing market concerns
11-05-22 / by John Basquill
A Singapore senior minister says the city-state’s financial regulator does not plan to inject liquidity...
Surecomp fights double financing fraud with invoice checking tool
13-04-22 / by John Basquill
Toronto-based tech firm Surecomp is seeking to tackle attempts at double financing through the launch...
Share price and reputational damage: banks count cost of AML failings
02-03-22 / by John Basquill
Banks caught up in money laundering scandals suffer an average 21% slump in their share...
Swiss banks take on fraud with tough commodity finance standards
03-11-21 / by John Basquill
Ten major banks from Switzerland’s commodity and trade finance sector have finalised a best practice guide...
UK regulators’ trade finance crackdown could have unintended consequences, industry says
06-10-21 / by John Basquill
An influential trade finance industry group says pressure from UK regulators to strengthen risk management...
Agritrade executive charged by police over deceptive bills of lading
22-09-21 / by John Basquill
Singapore police have charged a former Agritrade executive with deceiving Shanghai Pudong Development Bank (SPD Bank) into...