The global trade finance gap widened to a record US$2.5 trillion in 2022 from US$1.7 trillion two years earlier according to the latest edition of the Asian Development Bank’s (ADB’s) flagship Trade Finance Gaps, Growth and Jobs Survey.

Financial crime compliance, anti-money laundering and counter financing of terrorism (AML/CFT) regulations, as well as customer and counterparty due diligence requirements continue to be reported as obstacles to the provision of trade financing

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