Industry rejects Fitch's call to reclassify supply chain finance as debt

 
Global Trade Review
August 14, 2018

Geoff Wynne was quoted in the article, "Industry rejects Fitch's call to reclassify supply chain finance as debt," which was published by the Global Trade Review on August 14, 2018.

In the article, Geoff comments that the practice of reverse factoring is a "very standard" financing device for extending trade payables, and not the "accounting loophole" as it was categorized in the agency's report.