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BDO Fraudtrack reports money laundering surges

Reported money laundering related to fraud offences surges 309pc to GBP288 million. Fraud in Financial Services now accounts for 51% by value of all UK reported fraud... (more…)

#FCA#financial services#frauds

Coface Country Risk Conference 2014: global country risks are...

In 2014, favorable risk trend in advanced economies but persistent tensions in large emerging countries... (more…)

#bank#conference#exports


On FIM Bank’s acquisition of 40pc stake in Prvi...

Following the news that FIMBank, has acquired a 40pc stake in Prvi Factor, Margrith talks about what has drawn the…

#acquisition#bank#i


Government prepares major changes to securitisation law

Under new securitisation rules proposed by the Italian government, trade receivables securitisation could become easier. (more…)

#bank#international#invoice


Welsh Government to facilitate payments in constriction supply chain

The Welsh Government has introduced a faster way of paying suppliers working on public sector construction projects... (more…)

#bank#cash-flow#channel


African uranium producer receives USD20 million working capital facility

African uranium producer gets additional finance to cope with the collapse of market prices.. (more…)

#bank#cash-flow#Nedbank


Kunshan approved as factoring pilot zone

Kunshan city in the Jiangsu Province of China, has been approved as the next factoring pilot zone in China... (more…)

#trade#Two


New SME bank launched

Former Barclays and Aldermore executives launch SME Bank... (more…)

#Aldermore#bank#FCA


Access to short term credit difficult for SMEs

Banks provide short term loans to SMEs in conjunction with factoring facilities. (more…)

#bank#banks#funding


Gedesco creates EUR400 million factoring fund

Gedesco Services Spain SAU has announced the creation of a EUR400 million fund for factoring. (more…)

#investment#liquidity#working capital


Official China to crack down on shadow banking and...

Controlling local government debt becomes one of the top tasks of the central administration. (more…)

#conference#crisis#liquidity


Garanti Factoring raises TRY 296 million through domestic bond...

Garanti Factoring announces the results of domestic bond issuance for the purpose of financing trade receivables. (more…)

#bank#funding#receivables

Funding Chinese SMEs – are commercial factoring companies the...

espite the best efforts of the Chinese government to support SMEs and find a solution for the financing difficulties this…

#bank#invoice#management

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