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"HSBC is a founding member of the Trade Finance Distribution (TFD) initiative, which incorporates banks, funds, fintechs and technology partners seeking to make trade finance more investible. Other participants include ANZ, Crédit Agricole, Deutsche Bank, ING, Lloyds Bank, Rabobank, Standard Bank, Standard Chartered and SMBC. The International Chamber of Commerce (ICC) UK and the International Trade and Forfaiting Association (IFTA) have also joined as observers."
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