The Bank of England reversed its plan to raise trade finance capital requirements from 20% to 50%, aligning with the EU approach but raising insurance-related requirements.
The ICC Banking Commission held its 2024 Annual Meeting on 9-10 April in-person in Paris and virtually via Teams. An opening session on the ISBP review process was followed by the ICC Official Opinions session. Day 2 featured thematic sessions and the Commission’s semi-annual Plenary Meeting.
