This year’s Educational Seminar will take place on Tuesday 2nd September commencing at 11:00am.
Venue
HSBC offices, Singapore
10 Marina Boulevard, Marina Bay Financial Centre Tower 2
Level 45 – Collyer Quay Conference Room
Note: The delegates attending the seminar will need to make their own way to the HBSC office
Programme
| 11.00-11.05 | Introduction – Sean Edwards, Chairperson ITFA |
| 11.05-11.35 | Introduction to Trade Finance – Duarte Pedreira, Board Member ITFA, Global Head of Trade & Working Capital Finance, Crown Agents Bank – Fundamentals of trade finance (concepts, contracts, markets and terms) |
| 11.35-12.15 | Trade Finance Instruments – Simon Cook, Board Member ITFA, Partner, Sullivan & Worcester UK LLP – Introduction to letters of credit, guarantees, promissory notes, bills of exchange and the applicable ICC Rules (UCP600, ISP98, URDG) – Overview of structured letters of credit – Negotiability/transferability and the parties’ rights/obligations |
| 12.15-12.55 | Trade Finance Structures and Security – Matthew Cox, Partner, Sullivan & Worcester UK LLP – Introduction to different structures in structured trade and commodity finance – Typical security – Impact of different commodities |
| 12.55-14.00 | Lunch Break |
| 14.00-14.40 | Modern Forfaiting – Lorna Pillow, Deputy Chairperson ITFA, Chief Operating Officer, LFC – Introduction to modern forfaiting/without recourse financing and fundamentals – Introduction to Uniform Rules for Forfaiting (URF800) – Introduction to the DNI Initiative and Digital Instruments – Introduction to Uniform Rules for Transferable Electronic Payment Obligations (URTEPO) |
| 14.40-15.20 | Receivables/Supply Chain Finance – Silja Calac, Board Member ITFA, Private Debt Mobilization, Banco Santander S.A., Frankfurt Branch – An introduction to Supply Chain Finance, related techniques and current issues |
| 15.20-15.55 | Risk/Risk Mitigation Techniques – Paul Coles, Board Member ITFA, Director – Treasury, Orbian Management Ltd – Introduction to regulatory issues and risk distribution of trade assets |
| 15.55-16.10 | Coffee Break |
| 16.10-16.45 | Participation Agreements – Paul Coles, Board Member ITFA, Director – Treasury, Orbian Management Ltd– Introduction to BAFT and MRPA – Use of MRPA in trade risk distribution and details |
| 16.45-17.20 | Insurance – Chris Hall, Board Member ITFA, Senior Director – Credit Risk Solutions, WTW/Silja Calac, Board Member ITFA, Private Debt Mobilization, Banco Santander S.A., Frankfurt Branch – Introduction to Insurance as a risk mitigation technique in trade finance – Current issues and techniques |
| 17.20-17.55 | ESG – Carrot or Stick – Sean Edwards, Chairperson ITFA – The evolving regulatory landscape of ESG |
| 17.55-18.00 | Final wrap-up – Teaching Team |
Disclaimer: Programme is subject to changes without notice
