U.S. Export-Import Bank Chairman Kimberly Reed said today that she is currently in the process of working through $40 billion in applications that the bank received while it was awaiting reauthorization by Congress.
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Ten factors financial institutions should look out for in strengthening their OFAC compliance programs.
BAFT—ABA’s global transaction banking subsidiary—today joined a coalition of more than 200 organizations and companies calling on Congress to pass a robust and long-term reauthorization of the U.S. Export-Import Bank before its charter expires at the end of September. T
The Global Supply Chain Finance Forum—which includes BAFT, ABA’s global transaction banking subsidiary—today released a new guidance document on receivables discounting technique.
BAFT, ABA’s global transaction banking subsidiary, today released an updated New York law master participation agreement, which serves as the industry standard for secondary market transactions to facilitate the buying and selling of trade finance-related assets globally.
On a bipartisan vote today, the Senate confirmed several appointees to the U.S. Export-Import Bank.
To help the international trade finance industry in its transition from paper-based transaction processes to distributed ledger technology, BAFT—ABA’s global transaction banking subsidiary—today released technical and business best practices for a digital ledger payment commitment.
The requirements of the Bank Secrecy Act pose a significant challenge for his bank due in part to the interconnected nature of the border region economy.
Housing finance and data security will be top items on the Senate Banking Committee’s agenda in this Congress, committee Chairman Mike Crapo (R-Idaho) told attendees at ABA’s Washington Summit today.