9th September 2021 – FCA Dear CEO Letter – Trade Finance Activity

2021-09-13T17:47:48+00:00

09/09/2021 The FCA took action to contact all the firms (banks mainly) involved in the Trade Finance business, in order to remind them of their duties to perform thorough risks analysis in two domains: credit risk and financial crime controls. This comes on the back of high-profile failures of commodity and trade finance firms, which [...]