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Opaque structures: Hundreds of Russia-linked shipping companies formed since 2022

Nearly 900 maritime companies that have some association with Russia were formed last year, with the UAE emerging as the leading location for vessels …

Global / 24-05-23 / by John Basquill

US government warns trade finance lenders over breaches of Russia export controls

Authorities in the US have warned trade finance lenders they may be unwittingly facilitating exports of sanctioned goods to Russia, with funds potentially moving …

Americas / 23-05-23 / by John Basquill

India’s Russian oil re-exports seen as sanctions weak link

Campaigners have criticised a sanctions “loophole” that allows western countries to import fuel refined in India but that originated in Russia, warning of potential …

Global / 03-05-23 / by John Basquill

Five decades later, UKEF-backed Iran missiles deal lands in court

UK Export Finance (UKEF) is suing BAE Systems, one of its biggest clients, over contracts for the supply of missiles to Iran in the …

Europe / 17-04-23 / by Jacob Atkins

ECAs to play significant role in securing Europe’s critical materials

Export credit agencies (ECAs) are set to play a vital part in the EU’s Critical Raw Materials Act (CRMA), introduced to help secure supplies …

Europe / 12-04-23 / by Jenny Messenger

LBMA faces growing calls for transparency over African industrial gold

Banks and commodity traders handling African-origin gold risk exposure to serious human rights and environmental abuses, even when working with refineries certified by the …

Africa / 12-04-23 / by John Basquill

Balli Steel execs get jail time over US$150mn trade finance fraud

The self-confessed mastermind behind a collapsed UK steel trading group’s US$150mn trade finance fraud has been handed a jail sentence of six and a …

Europe / 04-04-23 / by Jacob Atkins

OECD Arrangement secures modernisation deal

Maximum repayment terms for projects supported by export credit agency (ECAs) will be extended, and pricing incentives for green energy exports introduced, under a …

Global / 03-04-23 / by Jacob Atkins

BNP Paribas climate case could prompt wider litigation against banking sector

A climate lawsuit filed against BNP Paribas in the French courts could instigate a wave of fresh litigation from civil actors against other banks …

Sustainability / 03-04-23 / by Jenny Messenger

Global trade growth powered by green products, UNCTAD finds

Environmentally friendly products are proving to be a bright spot in global trade as overall growth remains weak, according to the United Nations Conference …

Sustainability / 29-03-23 / by Jenny Messenger