Trade Finance Scorecard: Regulation and Market Feedback
Beck, Steven; Malaket, Alexander R. | September 2018
Abstract
The need for robust regulation on international banking and financial flows is clear. Access to correspondent banking and trade financing is particularly important for developing markets that depend on trade to create economic value and to drive inclusion. Certain parts of the current regulation, and its interpretation and implementation, are reported to result in adverse unintended consequences on the financing of international trade. Some of these consequences negatively impact cross-border remittance flows, which are equally critical to developing markets. Some regulatory and perceived compliance requirements have contributed to “derisking” by banks. This term refers to the exit from markets, banking relationships and client relationships that, in the worst cases, have resulted in loss of access to products and services critical to economic activity, trade, development and inclusion.
Citation
Beck, Steven; Malaket, Alexander R.. 2018. Trade Finance Scorecard: Regulation and Market Feedback. © Asian Development Bank. http://hdl.handle.net/11540/8766. License: CC BY 3.0 IGO.Keywords
Risk Financing
Regional Development Finance
Public Finance
Infrastructure Financing
Financing of Infrastructure
Financial Security
Financial Intermediation
Finance And Trade
Enterprise Financing
Trade Regulation
Trade Finance
Regional Trade Agreements
General Agreement On Tariffs And Trade
Foreign and Domestic Financing
Cybersecurity
Taxation
Business Financing
Investment Requirements
Capital Needs
Tax Incentives
Project Risks
Tariff agreements
Customs conventions
Import policy
Export policy
International Monetary Relations
Local Finance
Banks
Capital Market
financial statistics
Foreign trade
Digital
Investments
Finance
Market
Markets
Use tax
Tax administration and procedure
Taxing power
Effect of taxation
Business enterprises
Foreign trade and employment
Mentoring in business
Trade routes
Bills of exchange
Swaps
International banks and banking
Capital movements
Central banks and banking
Bills of exchange
Swaps
Banks and banking
Stock exchanges
Market
Exchange
Balance of trade
Cyber Security
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