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A rundown of the major stories from the world of trade and trade finance, brought to you by the news team at GTR (Global Trade Review).
GTR’s 2021 News Wipe: Greensill, trade digitalisation and supply chains in crisis
GTR News Brief
12 minutes 40 seconds
3 years ago
GTR’s 2021 News Wipe: Greensill, trade digitalisation and supply chains in crisis
Host Felix Thompson is joined by senior reporters Eleanor Wragg and John Basquill, and reporter Jacob Atkins, to discuss some of the most-read articles on the GTR news site this year.
The demise of supply chain finance giant Greensill has been one of the major stories over the past 12 months. In this episode, we consider the events that triggered this collapse and the lender’s use of so-called “future receivables”.
Elsewhere, we assess the fallout from a string of fraud scandals in the commodity finance sector in 2020, and why banks remain risk averse to financing the smaller traders in the market.
The editorial team also provides an update on the industry’s trade digitalisation efforts, including the growing momentum behind UNCITRAL’s Model Law on Electronic Transferable Records (MLETR).
Meanwhile, Jacob also gives a brief overview of the supply chain crisis of 2021, and why it’s likely to last well into next year.
Music credit to Kevin MacLeod for his track Loopster, taken from incompetech.com. Licensed under creative commons by attribution 3.0 license. Further music credit to Sunrise Drive by South London HiFi. Licensed under creative commons Attribution 4.0 License. Music promoted by CopyrightFree.org
GTR News Brief
A rundown of the major stories from the world of trade and trade finance, brought to you by the news team at GTR (Global Trade Review).