Friday, March 17th, 2023
It was a pleasure to welcome well over 100 attendees to the recent ITFA NERC Winter Seminar kindly hosted at their premises and co-sponsored by Allen & Overy.
Continue ReadingFriday, March 17th, 2023
The theme chosen by Trade Finance Global for this year’s International Women’s Day was #EmbraceEquity, emphasising the fact that we can all truly embrace equity. Equity is about creating an inclusive world.
Continue ReadingThursday, March 23rd, 2023
As uncertainty remains in global supply chains and trade finance, the International Trade and Forfaiting Association’s (ITFA) Lynn Galkoski, Director, Trade Product & Portfolio Management with BNY Mellon Treasury Services shares her insights on trends that may arise this year.
Continue ReadingTuesday, March 21st, 2023
The ITFA Board was delighted to support GTR at their GTR MENA conference in Dubai in February – the first fully in-person large-scale event in Dubai for many of us since the pandemic.
Continue ReadingFriday, 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
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.
Continue ReadingTuesday, 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.
Continue ReadingFriday, 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
Continue ReadingTuesday, 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.
Continue ReadingThursday, 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.
Continue ReadingWednesday, 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
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.
Continue ReadingThursday, 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.
Continue ReadingFriday, 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.
Continue ReadingThursday, 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.
Continue ReadingThursday, 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.
Continue ReadingFriday, January 27th, 2023
ITFA is pleased to welcome the following institution to its growing family:
Veefin Solutions Pvt Ltd
Continue ReadingThursday, December 15th, 2022
As we come to the end of another year, let me first take the opportunity to thank all those who attended our Seminar and Christmas Cocktail Party, on 5th December at the Savage Garden in London and equally, to all those who attended the ITFA Americas year end event at The Yale Club, New York City.
Continue ReadingFriday, December 16th, 2022
We presented advanced technology innovations during the 4th edition of the Fintech Committee briefing that took place in Porto on September 7th 2022. Progress achieved was very palpable, in particular when it comes to addressing a major industry pain point, i.e., the interoperability conundrum in trade financing.
Continue ReadingFriday, December 16th, 2022
Eight months after Russia’s invasion of Ukraine, if you had sat Putin down at the start of the war and offered him Russia’s position as it is now – struggling to hold on to territorial gains in the eastern third of the country, an international pariah as far as diplomatic and economic niceties go, and reliant on making threats of nuclear strikes in an attempt to demonstrate how little the leader is bluffing –
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