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VIDEO: ITFA market practice update - Structured LCs, MRPAs, the LIBOR transition

30 days ago   |   By Trade Finance Global

The world's most important number is changing, and traders need to be aware of its implications.
For businesses both large and small, changes to the London Inter-Bank Offered Rate could have far-reaching consequences, and one industry expert, Paul Coles, is keeping a close eye on the transition.
Chair of the International Trade and Forfaiting Association Market Practice Committee, Coles has almost 25 years' experience in trade finance at names such as the London Forfaiting Company, ABN AMRO, Royal Bank of Scotland, Bank of America, and currently HSBC, where he is the distribution lead...
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