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The trade finance industry has been aspiring for greater digitalisation, striving to tap into potential benefits such as improved transparency, efficiency, riskmitigation and support for small and medium-sized enterprises (SMEs).
While digital infrastructure is advancing, including cloud-native solutions and distributedledgertechnologies (DLT), legalframeworks are still rooted in outdated assumptions, creating friction in what should be frictionless systems. What were finding is that the regulatory landscape needs to catch up.
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