In early 2016 ITFA, together with the ICC, BAFT, EBA and FCI, launched the Standard Definitions for Techniques of Supply Chain Finance.
This valuable publication contains harmonised definitions for the most commonly encountered products and structures in supply chain finance with a view to achieving consistent and common terminology in the SCF industry. The initial version of the definitions has now been updated and can be found here.
We urge all our members to view and read this free publication.
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