PRA warns trade credit finance CEOs on best practice
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free trial
  • Log in

PRA warns trade credit finance CEOs on best practice

Luke Harrison
09 September 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email

The UK Prudential Regulation Authority (PRA) has sent a letter to CEOs of firms carrying out trade finance business outlining its expectations of best practise.

The PRA highlighted companies’ “insufficient focus” on identifying the financial-crime risk factors involved with trade finance, such as the potential for fraud.

For

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News PRA Pol risk, credit & surety
Luke_Harrison.png
Luke Harrison
Reporter
Gift this article