125. For lending activities with cross-border elements (e.g. trade finance, export finance) …

For lending activities with cross-border elements (e.g. trade finance, export finance), institutions should take into account the political, economic and legal environment in which the foreign counterparty of the institution’s client operates. Institutions should assess the buyer’s ability to transfer funds, the supplier’s capacity to deliver the order, including its capacity to meet the applicable local legal requirements, and the supplier’s financial capacity to handle possible delays in transaction.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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