Fitch Sounds Warning On Corporate Debt Loophole Of Trade Finance
PYMNTS
AUGUST 1, 2018
According to the analytics firm, there is a trade finance-related corporate accounting loophole that may be widespread in the U.S. Supply chain financing programs offered by banks and alternative lenders do not necessarily require disclosure of the debts under corporate accounting standards. Defunct U.K. Defunct U.K.
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