Wednesday, November 28th, 2018

Following BAFT and ITFA’s release of the updated BAFT English law Master Participation Agreement (MPA) in September 2018, ITFA is pleased to advise you that the new BAFT/ITFA MPA Legal Opinion is now available to ITFA members in the  Member Area of our website.

Tuesday, September 11th, 2018

Following BAFT’s announcement on the 4th September 2018 regarding the release of the updated English law Master Participation Agreement (MPA), ITFA is pleased to advise you that the new form is now available to ITFA members in the Member Area of our website.

Monday, June 25th, 2018

With just over two months to go for the ITFA 45th Annual Trade and Forfaiting Conference, the ITFA Board is delighted to announce that Geoff Wynne from Sullivan & Worcester and Paul Coles from HSBC, will be heading one of the sessions in Cape Town, South Africa. This joint session is titled ”The BAFT MRPA reloaded – the revised BAFT – ITFA […]

Tuesday, May 15th, 2018

Earlier this year the Prudential Regulatory Authority (PRA) of the United Kingdom published a consultation paper on the capital relief treatment of guarantees under the Basel rules as implemented in the EU. Trade credit insurance and inter-bank risk participations are analysed, for capital relief purposes, under these rules. The proposed interpretation of issues such as […]

Monday, March 26th, 2018

Interest in the trade finance asset class is on the march. It is a movement that has gathered pace as both users and providers of liquidity have found themselves in the midst of a perfect storm. On the one hand, compliance and regulatory requirements have hamstrung banks’ ability to finance a growing global trade market, […]

Wednesday, March 21st, 2018

The low risk profile of trade finance assets is a reality that has forever been preached from within the sector, yet interest from the general investment community only started recently as a side-effect of the low-yield environment. For one, banks are suddenly having to adapt to the stringent capital requirements put in place to protect […]

Tuesday, January 2nd, 2018

Participate in the ICC Banking Commission annual trade finance survey. Register here to view the questions, respond on behalf of your bank or invite other colleagues to participate.

Thursday, October 19th, 2017

The International Trade and Forfaiting Association (ITFA), through its Market Practice Committee, is very pleased to announce that the legal opinion originally issued in 2015 has now been updated and replaced. The new version is made available exclusively for the benefit of members of both ITFA and BAFT, as was previously the case.

Wednesday, July 12th, 2017

The International Chamber of Commerce (ICC), one of our global partners, last week launched its 2017 Rethinking Trade & Finance report. This annual publication is centred around the ICC global trade finance survey and contains revealing findings on the global shortfall in the supply of funding for trade, developments in supply chain finance and the increasing involvement […]

Friday, March 24th, 2017

In early 2016 ITFA, together with the ICC, BAFT, EBA and FCI, launched the Standard Definitions for Techniques of Supply Chain Finance.

Tuesday, January 31st, 2017

Aside from the recent success shared in this release regarding the roundtable with Moody’s (link available to ITFA members only), we would like to update our members on some other initiatives that the ITFA Market Practice Committee is currently engaged in.

Thursday, January 19th, 2017

Those active in payables finance (often called reverse factoring or just simply supply chain finance but we prefer to the term payables finance as defined in the “Standard Definitions for Techniques of Supply Chain Finance” published last year by the ICC and ITFA amongst others) will have been concerned by the paper published by Moody’s relating […]