Association of Banks in Singapore launches trade finance registry to counter trade finance fraud


SINGAPORE, June 24 (Bernama-Xinhua): The Association of Banks in Singapore (ABS) on Friday (June 24) launched an industry utility that will securely maintain a centralised record of trade finance transactions in Singapore, according to a media release from ABS.

Launched at the ABS's 50th-anniversary dinner on June 23, the Trade Finance Registry (TFR) is supported by key trade financing banks in Singapore.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Singapore , ABS , Trade Finance Registry

Next In Aseanplus News

Disputed Myanmar election wins China's vote of confidence
Chinese woman resembles actress Joey Wong after losing 20kg, plans dance career
Japan eyes capping foreign workers at 426,000 under new training system
Indonesia denies sovereignty risk in US trade deal expected in January
Myanmar junta stages election after five years of civil war
Beefed-up security, crowd control measures, road closures in Singapore's Orchard Road for Christmas Eve
MACC launches investigation into alleged corruption involving senior military officer
North Korea's Kim tours hot tubs, barbecue joints at lavish new mountain resort
Royal Brunei Air Force officers join Hawaii defence summit
Malaysian students win gold at International Robot Olympiad with Mars-exploration robot concept

Others Also Read