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Europe

FCA fines GT Bank (UK) £7.6m for failures in...

The Financial Conduct Authority (FCA) has fined Guaranty Trust Bank (UK) Limited (GT Bank) £7,671,800 for serious weaknesses in its anti-money laundering (AML) systems and controls between October 2014 and July 2019.During the relevant period, GT Bank failed to undertake...

#FCA#Financial Conduct Authority

CRX Markets doubles financing and expands marketplace in 2022

In 2022, CRX Markets, Europe's leading marketplace for working capital finance... (more…)

#CRX Markets#supply chain finance#working capital


Pulse Cashflow appoints new Regional Director

Pulse Cashflow Finance have announced today that they have appointed Luke Keteleers... (more…)

#Pulse Cashflow Finance


Tim Reid becomes new CEO of UKEF

Tim Reid has been appointed CEO of UK Export Finance (UKEF), the UK government’s export credit agency, taking up the…

#export finance#Managerial Appointments#Tim Reid


Cegid extends factoring to VSE clients

Cegid, French provider of cloud business management solutions for finance, human resources CPAs, retail and entrepreneurial sectors, has announced an…

#cloud#guarantee#invoice


Sustainability remains high on the agenda for businesses in...

New data from Time Finance has shown that half of UK SMEs are anticipated to invest in sustainability in 2023…

#Ed Rimmer#sustainability#Time Finance


UK firms now regard debt finance less favourably than...

UK firms are taking on less debt finance now that market conditions have changed... (more…)

#Deloitte


Finacity facilitates renewal of US$550m receivables securitisation

Finacity Corporation (Finacity) announces that they have successfully renewed and extended an existing ... (more…)

#receivables securitisation


Assifact proposes factoring legislation update

Assifact (Italian Association for Factoring) has announced at the end of last year it made a number of proposals to…

#ASSIFACT#factoring legislation


Lloyds Bank promotes new Invoice Finance Area Director

Lloyds Bank (Lloyds) has announced a new senior appointment with... (more…)

#Lloyds Bank


Atradius: Credit risk outlook worries businesses in Eastern Europe

Amid the ongoing global economic downturn, a widespread concern over a deterioration of the outlook for B2B payment behaviour... (more…)

#inflation#payment behaviour


Europe’s sustainable finance programme moves into play

Three years after the European Banking Authority (EBA) published Action Plan on Sustainable Finance (December 2019), the EBA has just…

#ESG#sustainable finance

Deutsche Bank runs sustainable SCF programme for leading braking...

Knorr-Bremse AG, the global market leader for braking systems, is linking its existing Supply Chain Finance programme (SCF) to ESG…

#Deutsche Bank#ESG#supply chain finance

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