Tag: bp

Cybersecurity and ESG are on the list of emerging threats that treasurers need to consider in their corporate crisis management plans.

Usage of BPOs is picking up, but a lack of formal accounting and capital standards is leading to problematic accounting guesswork.

After a US jury hit a tobacco maker with $23,6 billion in fines, CT looks at damages that have caused treasurers serious bother.

BP Petrochemicals transacted the first automated multi-bank bank payment obligation (BPO) over the last week of April for a Europe-centred transaction.

Swift has recently published research providing up-to-date details on those running bank payment obligations. At present, 25 corporates are involved in live transactions.

Part II of a case comparison of the latest advances in trade finance covers BPOs and eLCs. Are they mutually viable in the long-term?

Cargill is increasing it use of electronic bills of lading [E B/Ls] to include agricultural shipments from South America. It also has designs for usage in Asia.

CT talks to David Vermylen, global credit manager, petrochemicals, at BP and Ashutosh Kumar (pictured), global head of trade product development at Standard Chartered about BP’s decision to conduct a unique end-to-end automated trade finance transaction.