Newsletters


2023 – The Year of The Balance, May 2023

Tuesday, May 23rd, 2023

The first home banking service offered to US consumers was in 1980, delivered via internet modems to allow consumers to access – and only access – their account information securely.

Continue Reading

We asked ChatGPT – What is forfaiting?, May 2023

Tuesday, May 23rd, 2023

What is forfaiting, you ask? Well, dear reader, it’s a financial instrument that’s not quite a promissory note and not quite a letter of credit. In other words, it’s like the middle child of the financial world – always overlooked and underestimated.

Continue Reading

ITFA NEW MEMBERS, May 2023

Thursday, May 25th, 2023

ITFA is pleased to welcome five institutions to its growing family:

– COFACE,
– Finventory,
– IQUW,
– WMC Energy

Continue Reading

CHAIRMAN’S MESSAGE – Sean Edwards, ITFA Chairman / Head of Legal and Special Adviser to the Global Trade Finance Department at SMBC, Apr 2023

Tuesday, April 25th, 2023

I hope this newsletter finds you all well. As we continue to navigate the ever-evolving landscape of trade finance, I am pleased to share with you some of the latest developments and initiatives at ITFA.

Continue Reading

ITFA’s RESPONSES TO PROPOSED UK BASEL REFORMS: WHAT MEMBERS SHOULD KNOW, Apr 2023

Thursday, April 20th, 2023

ITFA has issued responses to the UK’s Prudential Regulation Authority (PRA) consultation on Basel 3.1 implementation, taking the lead on a submission that focuses on the recognition and treatment of credit insurance as a valuable credit risk mitigation tool, and joining forces with other industry associations on a submission outlining the implications for the bank-related provision of trade finance.

Continue Reading

DEMAND FOR TRADE FINANCE SET TO INCREASE IN UNCERTAIN TIMES, Apr 2023

Thursday, April 20th, 2023

Demica has released its 2023 Benchmark Report for Banks in Trade Finance, its second annual report covering key trends across all supply chain finance products.

Continue Reading

ITFA ESG RESEARCH, Apr 2023

Thursday, April 20th, 2023

The ITFA is delighted to update you on the research that is being conducted to assess risks to the trade finance sector associated with sustainability and ESG regulations.

Continue Reading

CHARTING A NEW COURSE OUT OF THE AFRICAN DEBT CRISIS, Apr 2023

Thursday, April 20th, 2023

To resolve Africa’s debt sustainability crisis, enhanced information and communication between the stakeholders will be crucial, especially to dispel false narratives and counter disinformation on Africa’s debt situation.

Continue Reading

ITFA SERC EDUCATIONAL EVENT, MARCH 15TH – MADRID, SPAIN, Apr 2023

Thursday, April 20th, 2023

The International Trade & Forfaiting Association (ITFA), together with Banco Santander organised ITFA’s Southern European Regional Committee (SERC) educational day in Santander’s HQ on March 15th, 2023.

Continue Reading

ITFA ARC EDUCATIONAL WEBINARS, Apr 2023

Friday, April 21st, 2023

On March 28th ITFA’s Africa Regional Committee (ARC) launched the first in a series of educational webinars aimed at financial professionals working in Africa.

Continue Reading

ITFA NEW MEMBERS, Apr 2023

Thursday, April 20th, 2023

ITFA is pleased to welcome five institutions to its growing family:

– Crescendo Asset Management, LLC,
– Macquarie Group Limited (Macquarie),
– PANGEA-RISK,
– Recovery Advisers,
– Scotiabank

Continue Reading

CHAIRMAN’S MESSAGE – Sean Edwards, ITFA Chairman / Head of Legal and Special Adviser to the Global Trade Finance Department at SMBC, Mar 2023

Friday, March 24th, 2023

Abu Dhabi here we come! As I am sure you are aware by now, this year’s conference, the 49th edition, will be held in Abu Dhabi – the capital of the United Arab Emirates between the 11 and 13 October, 2023 at the luxurious Ritz Carlton, Abu Dhabi Grand Canal Hotel.

Continue Reading