Announcements


Global Supply Chain Finance Forum Issues Receivables Discounting Guidance

Thursday, June 20th, 2019

The Global Supply Chain Finance Forum announced today the release of its new guidance document, Market Practices in Supply Chain Finance: Receivables Discounting Technique. The paper is the first in a series of industry guidance documents intended to provide clarity and consistency to the world of supply chain finance.

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ITFA publishes its Revised Guidelines for CRR-compliant non-payment insurance policies

Tuesday, June 11th, 2019

Recent ITFA seminars and publications have made our members aware that the eligibility of insurance as a credit risk mitigant for Capital Requirements Regulation (CRR) purposes has been widely debated over the past year.

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ITFA / Cass Partnership

Tuesday, June 4th, 2019

ITFA is delighted to announce that it partnered with Cass Business School – City, University of London, to teach a specialist trade finance course, that is part of the Cass MSc curriculum as an elective course.

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ITFA Conference, Budapest 4-6 September – Early Bird Price Available Till 30 June 2019

Thursday, May 30th, 2019

Planning is well underway for this year’s ITFA Annual Conference which will be held in Budapest, Hungary between the 4-6th September 2019. With so much work being done by all involved to ensure that this is another fantastic ITFA event, we urge you all to register at your earliest.

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ITFA MPC seeks your input by latest 21 June 2019 on the new BAFT MPAs

Wednesday, May 29th, 2019

Further to the release of the latest BAFT English law MPA (released in September 2018) and subsequent New York law version last week, we are aware that widespread adoption of the new templates is crucial for simplifying how the secondary market for trade finance operates.

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ITFA publishes IFRS 9 guide for trade and supply chain finance industry

Thursday, May 23rd, 2019

ITFA has published a guide to accounting and legal issues under International Financial Reporting Standard (IFRS) 9 for the trade receivables and supply chain finance industry.

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Updated BAFT New York Law Master Participation Agreement

Thursday, May 23rd, 2019

Following the release of the updated English law Master Participation Agreement (MPA) by BAFT last September, ITFA is pleased to inform you that BAFT has now also released the updated New York law MPA. The new form will be available to ITFA members in the Member Area of our website.

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State of the Trade Finance Consortia 2019

Wednesday, May 22nd, 2019

State of the Trade Finance Consortia 2019 Networks, Blockchain, Ledger Technologies in Trade & Shipping Trade Finance Global, in collaboration with TradeIX have put together a whitepaper: Blockchain and DLT in the International Trade & Shipping Space.

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ANZ Insight: How to close the USD 1.5 trillion trade finance gap

Monday, May 20th, 2019

The latest ICC study commented that closing the trade finance gap by attracting more non-bank capital will be the most pressing trade-related issue in the next 3-5 years.

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More Fintechs join ITFA

Wednesday, May 15th, 2019

A total of 18 fintechs joined ITFA following the set-up of the Fintech Committee in early 2018. Last month, 5 additional ones joined the association: R3, Taulia, EnigioTime, Coriolis Trade Tech and Traydstream. We welcome them wholeheartedly to the ITFA.

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ITFA GRC event, Frankfurt – 6 June 2019

Tuesday, May 14th, 2019

Further to the ITFA communication dated 15 March 2019, the ITFA Board is pleased to remind you about the ITFA GRC (German Regional Committee) yearly Educational Event. The event is taking place on Thursday 6th June, 2019 in Frankfurt am Main, and is for ITFA Members only with a maximum of 3 participants per member institution.

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ITFA Fintech event, 6th June – Maximising the value of transaction data with machine learning

Wednesday, May 8th, 2019

Join us on June 6th at Deutsche Bank in the City of London to gain further insights on fintech developments in trade finance and credit management.

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