LONDON (Reuters) – The standard setter for global trade finance flows has proposed a new set of rules to define sustainability in the trade finance arena, worth some $5 trillion a year, an executive told Reuters.
Andrew Wilson, policy director at the International Chamber of Commerce, said he expected the framework to be under consultation until the second quarter of 2022, when a more detailed framework would be delivered. Final rules would then come in the third quarter.
(Reporting by Simon Jessop; editing by Katy Daigle)
