trade finance

Much of our recent trade finance experience shows firms are struggling to adopt appropriate risk-based frameworks, leaving them exposed to operational inefficiency or regulatory censure.

We have delivered practical financial crime related solutions and advice for firms offering trade finance products, as well as advising corporates on financial crime risks. Bovill are retained on the UK FCA’s Skilled Person panel for numerous regulatory specialisms, including financial crime. Our engagements have covered the full range of financial crime risk across sanctions, money laundering, anti-bribery and fraud. We understand that risks and processes in trade finance can be complex and unique to a jurisdiction or client, and we pride ourselves on offering practical solutions to these challenges for both financial institutions as well corporations.

Bovill’s experts have delivered a variety of engagements across a number of trade hubs including:

  • Global compliance monitorships
  • Designing and implementing target operating models
  • Defining policies and procedures
  • Advising firms on regulatory intervention
  • Screening and monitoring solutions
  • Risk assessments
  • Sanctions advisory work
  • Investigatory work on behalf of regulators
  • Controls testing and health checks
  • Training (for trade, compliance and senior management staff)

We thrive on helping our clients strike the right balance between operational effectiveness and risk management, for more information on how we can help your firm please get in touch with one of our financial crime compliance consultants below.

trade finance

Our recent trade finance workshop in London with the Association of Foreign Banks looked in detail at governance, risk assessments and red flags, and the use of technology in trade finance.

For a free copy of the slides or to talk to us about trade finance training or advice, get in touch.

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