Newsletters


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

Wednesday, July 26th, 2023

Welcome to this month’s edition of the ITFA newsletter!
As we gear up for the peak summer month, I am thrilled to share some wonderful moments from our successful ITFA week, which spanned three consecutive days (July 10th, 11th, and 12th).

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ITFA FINTECH DAY: KEY INSIGHTS ON DIGITAL NEGOTIABLE INSTRUMENTS AND INTEROPERABILITY, July 2023

Monday, July 24th, 2023

ITFA Week, hosted in London from 11 – 13 July, brought together trade finance professionals for three consecutive days of knowledge sharing, networking and summer festivities.

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LOOKING BACK: A REVIEW OF TRADE FINANCE PREDICTIONS IN 2023, July 2023

Friday, July 21st, 2023

Just about six months ago, Trade Finance Global reached out to a variety of trade finance experts to help answer some questions we had about the industry. Like always, our friends across the industry came through and provided us with some detailed thoughts on the ins and outs of the trade finance world.

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ITFA INSURANCE EVENT HIGHLIGHTS INDUSTRY INSIGHTS AND RECOGNISES EXCELLENCE, July 2023

Thursday, July 20th, 2023

The ITFA Insurance Event held on June 21, 2023, at Crédit Agricole CIB’s campus in Montrouge, France, was a resounding success, with a high turnout and engaging discussions on various topics of significance to the credit insurance industry.

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ITFA ARC WEBINARS 5 & 6 HELD IN MAY, July 2023

Thursday, July 20th, 2023

On July 5th the ITFA Africa Regional Committee (ARC) hosted the next two educational webinars in its series aimed at financial professionals working in Africa. These webinars explore topical issues in African trade, as well as the basics of trade finance, with insights and learnings drawn from ITFA’s network of experts.

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ITFA GRC WORKSHOP, BERLIN, HELD IN MAY 2023

Monday, July 17th, 2023

On 11 th May 2023 the ITFA German Regional Committee held its annual workshop event, hosted by Berliner Sparkasse in their Berlin head-office. More than 40 participants joint for a lively and engaged discussion.

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NEW ITFA MEMBERS, July 2023

Monday, July 24th, 2023

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

– Axendo
– Canopius
– Pernix
– S-International Baden-Württemberg Nord
– Surecomp

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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, June 2023

Thursday, June 29th, 2023

Dear Members and Friends,

I hope this message finds you in good health and high spirits. As we kick off another month, I am delighted to bring you our monthly newsletter, aimed at keeping you updated on the latest developments and activities within our association

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TÜRKIYE: ECONOMIC UNCERTAINTY AND ASSERTIVE FOREIGN POLICY SET TO CONTINUE, June 2023

Monday, June 26th, 2023

Incumbent Recep Tayyip Erdoğan secured a third term as Türkiye’s president on 28 May after defeating his challenger Kemal Kılıçdaroğlu in a historic run-off race.

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ITFA AMERICAS CHAPTER HOSTED ITS 26th ANNUAL CONFERENCE, June 2023

Thursday, June 22nd, 2023

ITFA Americas hosted its 26th Annual Conference at the Hyatt Regency Hotel in Coral Gables, Miami (May 24-26). The conference was attended by over 170 participants, more than any of our previous gatherings.

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ITFA AND BAFT AT THE GTR AFRICA IN NAIROBI, June 2023

Monday, June 26th, 2023

In June ITFA and BAFT spoke about their joint work on sustainable trade finance at GTR East Africa in Nairobi, the largest annual gathering of trade financiers and traders in East Africa which is celebrating its 15th anniversary this year.

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IS DLT THE NEW FOUNDATION FOR INTEROPERABLE TRANSACTIONS IN BANKING?, June 2023

Monday, June 26th, 2023

DLT offers the financial services industry a new piece of infrastructure to push the boundaries of Open Banking. But it doesn’t come without its challenges.

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ITFA NEW MEMBERS, June 2023

Tuesday, June 27th, 2023

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

– Banco Micro Capital Limited
– Multilateral Investment Guarantee Agency (MIGA)
– Pelican AI
– UK Export Finance (UKEF)

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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, May 2023

Monday, May 29th, 2023

Another busy month at ITFA, with numerous notable achievements and activities taking place worldwide. Allow us to share some of the highlights from May!

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The Regulatory Reporting Reality of Making Trade Sustainable, May 2023

Tuesday, May 23rd, 2023

The current regulatory structures that govern sustainability reporting by Financial Institutions are creating a raft of unforeseen consequences that will ultimately militate against the long-term objective of meeting sustainability targets globally in the long run.

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Russian Shadow Shipping – Emerging New Owners, May 2023

Tuesday, May 23rd, 2023

Prior to the introduction of the G7 oil price cap in December 2022, a number of vessels moved from direct Russian ownership or nationality to new companies domiciled in India and the United Arab Emirates (UAE).

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ITFA ARC EDUCATIONAL WEBINARS 3 & 4, May 2023

Tuesday, May 23rd, 2023

On May 10th ITFA’s Africa Regional Committee (ARC) hosted the next two educational webinars in its series aimed at financial professionals working in Africa. These webinars explore topical issues in African trade, as well as the basics of trade finance, with insights and learnings drawn from ITFA’s network of experts.

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ITFA Supply Chain Industry Summit, Australia, May 2023

Tuesday, May 23rd, 2023

On 15 March 2023, The ITFA Australia and New Zealand Regional Committee hosted the inaugural Australia Supply Chain Industry Summit at Macquarie Group’s premises in Sydney, Australia.

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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.

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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.

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