Sanctioned entities increased 37% over past five years, while organisations strive to keep pace with frequently changing regulatory lists and soaring penalties for non-compliance. London, 23 September 2019 Entities sanctioned by US Office of Foreign Assets Control (OFAC) have increased by 37% over five years The current consolidated OFAC sanctions list includes 8,755 entities – […]
Dr Liam Fox said he has the experience and vision to revitalise the World Trade Organization (WTO) after making it through to the second round of the selection process for the next Director General (DG).
International Trade Secretary Liz Truss said:“Today’s deal covers trade worth more than £18 billion, delivers vital certainty for business and supports thousands of jobs across the UK in the manufacturing, automotive and steel industries.”
WOA is a new initiative for a global collaborative community of professionals and companies in open account receivables financing. Its mission is to be the digital home of receivables finance and a collaboration-based networking and competence centre for better, safer and more productive receivables financing.
Sixty-seven countries have delivered a landmark deal on services trade regulation that could save up to $150 billion in trade costs every year. The World Trade Organization (WTO) announced today that a new agreement on Services Domestic Regulation (SDR) has been finalised, which will streamline and cut red tape for licensing and qualifications procedures. The […]
The UK government’s Department for International Trade (DIT) has revealed new plans to bring more than 200 trade advisers and their support teams in-house. According to a report from The Times, the DIT will bring its International Trade Service in-house by July 2022. The DIT said the move is part of its campaign to help […]
New data from the UK has revealed yet more evidence that stagflationary clouds are gathering on the horizon, as both ports and small businesses struggle to recover from the COVID-19 pandemic. A survey from accountancy firm Moore UK, published today, found that one in three owner-managed businesses (OMBs) in the UK are planning to make […]
AD Ports Group, one of the largest integrated ports, logistics, and industrial zone operators in the United Arab Emirates (UAE), has begun trading on the Abu Dhabi Securities Exchange (ADX). Ahead of the listing, which went live yesterday, AD Ports Group raised AED 4 billion ($1.1 billion) of capital through a primary issuance. In a […]
Digital Container Shipping Association (DCSA), a neutral, non-profit group established to further digitalisation of container shipping technology standards, in conjunction with its nine-member carriers, published today beta releases of DCSA Standards for the Booking Process 1.0 and the Bill of Lading 2.0. In conjunction with these releases, the company unveiled a website where interested parties […]