| 09.00 – 09.05 |
Introduction
Sean Edwards – Chairman – ITFA, Advisor – SMBC |
| 09.05 – 09.35 |
Introduction to Trade Finance
Duarte Pedreira – Head of Emerging Leaders – ITFA, Head of International Development Organisations & Trade Finance – Crown Agents Bank
- Fundamentals of trade finance (concepts, contracts, markets and terms)
|
| 09.35 – 10.20 |
Trade Finance Instruments
Sam Fowler-Holmes – Member Emerging Leaders Committee – ITFA, Partner – Sullivan & Worcester UK
- Introduction to letters of credit, guarantees, promissory notes, bills of exchange and the applicable ICC Rules (UCP600, ISP98, URDG)
- Overview of structured letters of credit
- Negotiability/transferability and the parties’ rights/obligations
|
| 10.20 – 11.05 |
Modern Forfaiting
Lorna Pillow – Deputy Chairperson and Head of Communications and Membership – ITFA, Chief Operating Officer – London Forfaiting Company Ltd
- Introduction to modern forfaiting/without recourse financing and fundamentals
- Introduction to Uniform Rules for Forfaiting (URF800)
- Introduction to the DNI Initiative and Digital Instruments
- Introduction to Uniform Rules for Transferable Electronic Payment Obligations (URTEPO)
|
| 11.05 – 11.20 |
Coffee Break
|
| 11.20 – 12.00 |
Trade Finance Structures and Security
Simon Cook – Head of Education – ITFA, Partner – Sullivan & Worcester UK
- Introduction to different structures in structured trade and commodity finance
- Typical security
- Impact of different commodities
|
| 12.00 – 12.45 |
Receivables/Supply Chain Finance
Sean Edwards – Chairman – ITFA, Advisor – SMBC
- An introduction to Supply Chain Finance, related techniques and current issues
|
| 12.45 – 14.00 |
Lunch Break (Giornotte Restaurant)
|
| 14.00 – 14.35 |
Risk/Risk Mitigation Techniques
Paul Coles – Head of Market Practice – ITFA, Director – Treasury – Orbian Management Ltd
- Introduction to regulatory issues and risk distribution of trade assets
|
| 14.35 – 15.10 |
Participation Agreements
Paul Coles – Head of Market Practice – ITFA, Director – Treasury – Orbian Management Ltd
- Introduction to BAFT and MRPA
- Use of MRPA in trade risk distribution and details
|
| 15.10 – 15.25 |
Coffee Break
|
| 15.25 – 16.00 |
Insurance
Silja Calac – Head of Insurance Relations and Head of Treasury – ITFA, Head of Private Debt Mobilization GTB Europe – Banco Santander
- Introduction to Insurance as a risk mitigation technique in trade finance
- Current issues and techniques
|
| 16.00 – 16.35 |
ESG – Carrot or Stick
Johanna Wissing – Head of ESG – ITFA, Director, Deputy Head Trade Finance Syndication – Credit Suisse (Switzerland) Ltd.
- The evolving regulatory landscape of ESG
|
| 16.35 – 17.20 |
Fintech in trade finance and risk distribution
Pouya Jafari – Chairperson Emerging Leaders Committee – ITFA, Vice Present – SMBC
- Trade finance and risk distribution platforms
- Electronic trade documents, interoperability and digital standards
- Trends for the primary and secondary markets
|
| 17.20-17.45 |
Final wrap-up
Teaching Team
|
