TradeSun, a trade finance platform that features artificial intelligence (AI) technology that augments human behaviour by learning how employees interact with trade finance documents, has partnered with maritime and trade information, analytics and solutions provider IHS Markit, to offer an… Read More ›
The Central Bank of the UAE has issued new guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) requirements for licensed financial institutions that provide services to cash-intensive businesses. Financial institutions should demonstrate compliance with the new requirements… Read More ›
The UK’s Office of Financial Sanctions Implementation (OFSI) has issued guidance for entities operating within the country’s maritime sector. The guidance highlights a number of illicit and suspicious shipping practices that are deployed to evade sanctions, emphasises the importance of… Read More ›
The International Monetary Fund (IMF) and the Asian Development Bank (ADB) are working to overcome the increasing difficulties faced by banks and traders in cross-border transactions with Pacific island countries. Australia and New Zealand are financing the work, which responds… Read More ›