Newsletters


ITFA NEW MEMBERS, Mar 2023

Friday, March 24th, 2023

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

– Asian Development Bank (ADB)
– CRX Markets
– C2FO
– International Metal Platform AG
– TradeSun
– vabble.io
– Yapi Kredi Nederland

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

Friday, February 24th, 2023

We kicked off events in Tallinn, where together with Andre Casterman, I represented ITFA during the ITFA-SupplierPlus SCF Summit 2023. During this summit, our second in Tallinn, we discussed the potential use of digital negotiable instruments (such as electronic bills of exchange) with irrevocable payment undertakings and the new SCF accounting rules.

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TO BE OR NOT TO BE?, Feb 2023

Tuesday, February 21st, 2023

Russia’s invasion of Ukraine and the subsequent sanctions, forced businesses into a choice. Either they were required, in an already difficult and competitive environment, to look elsewhere to other markets just as corrupt and dangerous as Russia, or to seek loopholes and shortcuts in the sanctions program and claim that their individual or corporate entity was clean and therefore fine to work with, even if this is self-evidently untrue.

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VEFI ACTIVITIES, Feb 2023

Friday, February 17th, 2023

As many of you will have already taken notice of following the recent email by ITFA, the Association of Forfaiters in Switzerland ‘VEFI’, will soon be hosting its traditional bowling and jass evening kindly sponsored by Willis Towers Watson

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AFRICAN TRADE ENCOURAGED BY IMPROVED 2023 COUNTRY RISK OUTLOOKS, Feb 2023

Tuesday, February 21st, 2023

If all goes according to plan – which is not assured –, Nigeria will hold its most contested presidential elections in a generation on 25 February, marking only the second time that no incumbent is on the ballot since the return of democracy.

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TALLINN SCF SUMMIT 2023: CO-CREATION IS ESSENTIAL TO BETTER SCF, Feb 23

Thursday, February 23rd, 2023

The Tallinn SCF Summit 2023, organised by SupplierPlus and ITFA on 8-9 February, brought together corporates, banks, fintechs, and policymakers from Central and Eastern European countries to discuss developments in supply chain finance.

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ITFA NEW MEMBERS, Feb 2023

Wednesday, February 22nd, 2023

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

– Atlantic Risk Management Services
– Contour
– National Credit Insurance (Brokers) Pty Ltd
– Rebeccanomics 
– TradeRiver(UK) Ltd

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

Friday, January 27th, 2023

Welcome to the first ITFA newsletter of 2023, a year which I believe will be an eventful one and, if I can be boldly optimistic, far from an unprofitable one.

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TRADE IN 2023 – THE FOUR MEGATRENDS AND WHAT TO DO ABOUT THEM, Jan 2023

Thursday, January 26th, 2023

We all love a Megatrend and 2023 will be full of them: recession, inflation or stagflation, energy transition, geopolitics and global decoupling, the protracted nature of the Russia-Ukraine crisis, China’s economy and foreign policy stance.

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2023: THE MOST UNCERTAIN YEAR EVER?, Jan 2023

Friday, January 27th, 2023

Like so many brave souls, my thoughts naturally turn at this time of the year to the unscientific art of predicting what will happen over the next 12 months. When I wrote last year, I gave myself a massive hedge – that all depended on there being no war in Europe.

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IMPORTANT ANNOUNCEMENT ABOUT ITFA AFRICA REGIONAL COMMITTEE (ARC), Jan 2023

Thursday, January 26th, 2023

The ITFA Africa Regional Committee’s first official mandate came to an end in November 2022 and an election was held to select those joining the second mandate, between 2022 and 2025. According to the ITFA ARC statutes, any ITFA member with business involving Africa can submit its candidacy to join the Committee.

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IMPORTANT ANNOUNCEMENT ABOUT CENTRAL AND EASTERN EUROPEAN REGIONAL COMMITTEE (CEERC), Jan 2023

Thursday, January 26th, 2023

We are pleased to announce that Ms. Helena Belingar, General Manager of NLB has joined the Board of the Central and Eastern European Regional Committee – CEERC.

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