• GTR News Brief: UK drops plans to hike capital requirements for trade finance

  • Sep 17 2024
  • Length: 8 mins
  • Podcast

GTR News Brief: UK drops plans to hike capital requirements for trade finance

Listen for free

View show details

  • Summary

  • In recent years, banks have been closely watching to see if regulators in the EU, UK, and US would impose higher capital requirements on trade finance products like standby letters of credit and guarantees.

    In a significant win for trade finance providers, the Bank of England has recently abandoned its proposal to raise capital requirements for key trade instruments. The decision came after the Bank received compelling data indicating that the original plans were overly conservative.

    On the latest episode of the GTR News Brief, senior reporter Jacob Atkins discusses why the central bank took this decision and the implications for the trade finance sector.

    Show more Show less
Show more Show less
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about GTR News Brief: UK drops plans to hike capital requirements for trade finance

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available