Global trade finance demand dramatically outpaces supply by an estimated USD$1.6trn a year.
The upcoming changes, which were published last week, risk imposing additional costs and industry consolidation according to the credit rating agency.
While protectionism has gained greater publicity in recent years, there is good reason to believe that trade barriers will continue to be removed.
Multinationals suffered the lowest currency losses since 2014, but currency volatility remains higher than 2013 and 2014.
Why corporates should consider the multi-currency virtual account (MCVA) - a bank-offered cash product which allows them to maintain foreign currency balances and affect cross-boarder transactions where a physical account doesn’t exist in the local currencies.
By 2030 artificial intelligence will add more than US$15 trillion to the world economy according to the group’s research, but most of that gain will go to North America, Europe and Asia.
Investment banks Bank of America Merrill and JP Morgan both believe a sharp correction lies ahead.
The competition commissioner said it approved the bail-out of Banca Popolare di Vicenza and Veneto Banca to “avoid an economic disturbance”.
Regional foreign exchange dealers have become more prevalent, while the top four have lost market share year-on-year.
The decision by MSCI to include China shares in its Emerging Markets Index is called “a pivotal moment for global investment”.