Trade finance shortcomings of Basel III explored at UNCTAD Forum (March 2011)

Rethinking Bretton Woods | Tue, Mar 15, 2011

By Andrew Cornford

In remarks delivered at the session “The emerging regulatory environment and trade finance: new challenges for banks and other financiers,” part of the UNCTAD Commodities Forum 2011, Andrew Cornford argues for a new approach to deal with the shortcomings of the Basel 2 and 3 agreements in limiting access to trade finance in developing countries.