Trade finance sector lagging on financial crime and credit risks, UK regulators claim
09-09-21 / by Felix Thompson
The UK’s top two banking regulators have told CEOs across the trade finance sector that...Hin Leong
Inside the commodity finance ‘flight to quality’
28-07-21 / by John Basquill
The commodity finance market is divided. Nervous after a string of fraud scandals and losses...
Singapore court denies BP attempts to strike off Hin Leong fraud allegations
09-06-21 / by John Basquill
A Singapore court has rejected an appeal by BP to strike off fraud accusations levelled...
Singapore regulator to review Envysion risk controls after losses
24-03-21 / by John Basquill
Singapore’s financial regulator is conducting a review of Envysion Wealth Management’s governance and risk management,...
GP Global collapse: Oil trader moves to block minority creditor action
23-02-21 / by John Basquill
Scandal-hit oil trader GP Global, which is currently undergoing restructuring, is seeking court intervention to...
Exclusive: Rabobank to close London, Shanghai and Sydney trade finance operations
19-01-21 / by John Basquill
Rabobank plans to streamline its trade and commodity finance offering by terminating operations in London,... Analysis: Bank seeks damages from BP in landmark Singapore fraud claim
21-12-20 / by John Basquill
When it emerged that Bank of China’s Singapore branch had filed a High Court lawsuit...
BP “strongly refutes” fraud claims after fresh Hin Leong lawsuit
16-12-20 / by John Basquill
Oil trading giant BP has denied allegations by Bank of China that it engaged in...
Artis Finance takes aim at trade finance gap as traditional banks retreat
16-12-20 / by John Basquill
Waldo de Vleeschauwer, co-founder and former managing director of Africa Merchant Capital’s trade finance business,...
Singapore banks unveil tougher commodity finance standards after fraud scandals
01-12-20 / by John Basquill
Singapore’s banks have finalised a code of best practice for the provision of trade finance...