Webinar ‘Digitalization in trade finance: Trends, Opportunities and Challenges’ Wednesday 21 April 2021, 14.00 -17.00 hrs., online

Now more then ever, the banking world is looking for solutions to overcome the obstacles that come with the digitalization of documents, the electronic data requirements and the changes in payment methods. The COVID-19 pandemic has already changed the world of banking and will continue to do so. The aim of this webinar is to provide a comprehensive understanding of today’s payments infrastructures related to trade, commodities and commercial lending together with a considered view as to where the banking industry is heading.

The experts will present the ICC Banking Commission Opinions from 2020/21, discuss the ICC eRules and examine the current state of the payments industry – from the complexity of the current payments landscape, the growing demand for digitalization of documents, the ever-increasing range of electronic data and payments methods to the expectation of the future payments scene. The programme concludes with relevant case studies and a Q&A session.

Speakers        
Marco Witteveen, COO Garantibank, Amsterdam, The Netherlands
Jun Xu, Member of ICC Banking Commission Executive Committee, Deputy General Manager, Global Transaction Banking Dept. Bank of China, Nanjing, China
Glenn Ransier, Head of Documentary Trade and Standby LCs for Wells Fargo, member of ICC URDG Drafting Group, member of ICC Guarantee Task Force, member BAFT, USA

Preliminary programme
13.45 Digital platform opens
14.00 Welcome and introduction                                                                                                                        By Marijke Wolfs, Secretary General ICC Netherlands 

 

 

 

 

 

15.30

 

 

 

 

Regulatory compliance in Trade and Commodity Finance                                                            How to comply with Anti Money Laundering and Anti-Terrorist Financing Act and Systematic Integrity Risks (SIRA) in trade and commodity finance by using new technologies for digitalizing and integrating Client Due Dilligence (CDD) and Transaction Due Dilligence (TDD) processes. An overview of the impact of digitalization on trade finance.                                                                          By Marco Witteveen

The impact of digitalization on Trade Finance trends and risk issues                               Technology and innovations have changed payments forever and structured trade and commodity finance have been effected in many ways. What are the related risk issues? Hear examples from real life situations.                                                                                                                  By Jun Xu

Break

ICC eRules and Uniform Rules on Digital Trade Transactions                                                        Over the past year the ICC eRules and the URDTT have generated increased attention. Practitioners recognize that these rules provide numerous benefits in a rapidly growing digital environment. Time for a more in-depth analysis of the rules and an explanation of their benefits.  By Glenn Ransier

Virtual roundtable discussion with the experts                                                                                    Join the experts in this interactive dialogue and discuss their views, policies, suggestions and practices.                                                                                                                                                          By Marco Witteveen, Jun Xu and Glenn Ransier

16.45 Q&A
17.00 Conclusion 

Target Audience
Bankers, finance and risk managers, corporate lawyers, in-house counsel, legal and compliance officers, insurance companies, financial intermediaries, import/export firms, foreign exchange dealers and brokers.

PDU-Point
After participating it is possible to request your certificate of participation. This event may qualify to receive your PDUs for CDCS® and CSDG® holders. Upon receiving a passing grade for a short quiz you will receive the certificate. Please send an e-mail message with your request to info@icc.nl. 

Registration
F
or ICC members: EUR 250,- (excluding VAT/BTW) and for non-ICC members EUR 450,- (excluding VAT/BTW). For ICC members from other NC’s please mention the membership organization and country on the form. Please note that registration will close on 20 April 2021, end of the day. The ICC Terms & Conditions (Algemene Voorwaarden) at icc.nl apply to this webinar and by filling out your registration you agree thereto. 

For questions, please contact ICC Netherlands by sending an e-mail message to: info@icc.nl