With last minute trade discussions ongoing, the potential of the UK leaving the EU in a ‘no deal’ situation is very real. Whatever the scenario, the wrench from the EU will have a massive impact on many UK companies, but also for other European counterparts too. The devil is always in the detail. Here, Robert Lyons, a specialist business and corporate lawyer at Excello Law, sets out the implications.

With the complicated transition away from LIBOR looming at the end of 2021, Olam has secured Singapore’s first club deal pegged to the country’s new Singapore Overnight Rate Average (SORA) benchmark. But not every corporate borrower is as prepared as the Singaporean food and agri-business for the change away from LIBOR, a daily benchmark which has determined interest rates for $250 trillion of debt and derivatives for over 40 years.

The TXF World Fair, our blockbuster virtual export finance event, has provided the ECA community with a new platform to discuss the most prevalent market trends, network via private meetings, and in turn, push a multitude of deals across the financial line. With over 2,000 delegates registered, the event is not to be missed with lending, borrowing and advisory opportunities galore.

ECAs and export finance activity have been paramount to global trade and project success so far throughout the pandemic. Discussion on the key themes, topics, trends and essential detail are lined up for the TXF Export Finance Virtual World Fair later in October.

TXF spoke with Dr Liam Fox MP, whose campaign for director general of the World Trade Organisation (WTO) prioritises female economic inclusion and respect for a rules-based system. But do good intentions and faith in meritocracy make an impact when it comes to diverse hiring?