GTR News Brief Episode 19

Host Felix Thompson gives a breakdown of the major stories in trade and trade finance news this week.

Companies may be required to disclose details of their supply chain finance programmes, after an influential US standards-setting body agreed to examine investor concerns over a lack of transparency.

US banks are more exposed to the financial risks associated with the transition to a lower carbon economy than they previously thought, a new report has found.

UN forecasts suggest global trade is undergoing a “frail recovery” after a major slump in Q2, with recovery boosted by surging Chinese exports and fresh economic activity in Europe and east Asia.

Senior reporter John Basquill also provides a closer analysis after two Hong Kong-based oil traders say banks have reacted to the fraud scandal in Singapore’s commodities finance sector by restricting credit to the wider market, resulting in substantial financial losses.

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