ICC Webinar ‘Digitalisation in trade finance: Trends, Opportunities and Challenges’

21 Apr 2021

Online English PDU Credits
14.00 (CET)

Now more then ever, the banking world is looking for solutions to overcome the obstacles that come with the digitalisation 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.

Who should attend?

  • 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.
13.45 - 14.00 Digital platform opens

14.00 - 14.10

Welcome and introduction

  • Marijke Wolfs, Secretary General ICC Netherlands
14.10 - 14.45

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 digitalising and integrating Client Due Dilligence (CDD) and Transaction Due Dilligence (TDD) processes. An overview of the impact of digitalisation on trade finance.

  • Marco Witteveen, COO Garantibank, Amsterdam, The Netherlands
14.45 - 15.15

The impact of digitalisation 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.

  • Jun Xu, Member of ICC Banking Commission Executive Committee, Deputy General Manager, Global Transaction Banking Dept. Bank of China, Nanjing, China
15.15 - 15.30

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.                                                          

  • 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
15.30 - 16.05

Virtual roundtable discussion with the experts   

Join the experts in this interactive dialogue and discuss their views, policies, suggestions and practices.

  • Marco Witteveen
  • Jun Xu
  • Glenn Ransier
16.05 - 16.45 Q&A
16.45 - 17.00 Conclusion
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

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

Date and venue

21 April 2021

Online

Registration

ICC Members: € 250 (excluding VAT/BTW) 

Non-ICC Members: € 450 (excluding VAT/BTW)

For ICC members from other NC’s please mention the membership organization and country on the form.

Credits

Credits it may be possible to obtain credits for this webinar. Participants who are CDCS® and CSDG® holders, will be asked to answer a short quiz. With a passing grade they will receive a certificate to present to the governing entity.

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 smits@icc.nl

Disclaimer When you click to register for the event above, you leave the ICC website and enter into the event co-organizer website. Your personal information will be collected by the event co-organizer in accordance with its own privacy policy. Among other things, the privacy policy provides that the event co-organizer will share your personal data with ICC for the purpose of providing event services (videoconference access and password) and, if you consent, for the purpose of communicating information on ICC Arbitration and ADR.

For further information, please contact:

smits@icc.nl

Organiser