SINGAPORE 2015 - EFA Group...2015/04/23 · SINGAPORE 2015 1. INSIGHT Gain valuable insight into...
Transcript of SINGAPORE 2015 - EFA Group...2015/04/23 · SINGAPORE 2015 1. INSIGHT Gain valuable insight into...
ANNUAL MEETINGICC BANKING COMMISSION20-23 April 2015
COMPETENCY & EXPERTISE: DRIVING TRANSFORMATION IN TRADE FINANCE
AGENDA
SINGAPORE 2015
The ICC Banking Commission meetings are the
only events of their kind gathering over 400+
banking executives and government officials
from more than 65 countries to rethink the
future of trade finance, encourage governments,
regulatory bodies and G20 leaders to remove
obstacles to trade finance, and stimulate
economic growth and job creation.
5 REASONS TO ATTEND
2. EXCHANGE
Exchange ideas in lively
discussions specially designed
to address the most topical
themes in trade finance.
3. INFLUENCE
Influence the debates through active
participation, whether in the Plenary
sessions (via Q&A sessions) or as
participants in the breakout roundtables
and panel discussions. The Annual
Meeting is the most open forum to
influence policy and guidelines that
govern the trade finance industry.
4. LEARN
Develop unique skills to
enhance best practices. Keep
up-to-date with the policy and
regulatory changes affecting
the industry via the ICC’s
excellence in standard-setting,
market intelligence, rule and
policy making.
5. NETWORK
Extend your sphere of influence throughout
our network of 600+ members in more than
100 countries. Be a part of the largest and most
authoritative voice in the field of trade finance.
Forge high-level relationships with key influencers
in business and trade finance globally.
SINGAPORE 2015
1. INSIGHT
Gain valuable insight into
the latest developments in
trade finance from prominent
keynote speakers, industry
experts, and business and
finance leaders.
Earn
10PDUs
24Europe
4MENA
14Asia Pacific
3 Africa
4America
WHO SHOULD ATTEND?
Financial institutions (sales and client relationship managers, product
managers, back office managers, risk managers)
Multilateral Development Banks and Export Credit Agencies
Governmental organisations
Corporates
Independent financiers
Insurance brokers and underwriters
Lawyers and consultants
Service providers
The Conference app
will be available to
download.
View the venue,
agenda, the speakers,
our sponsors and
further social media
information.
This programme can be credited
towards training under the taxe de
formation professionnelle in France
(organization registered under 11 75
4089 275).
Earn 10 PDUs for the Certified
Documentary Credit Specialist
Re-Certification programme.
Keep up with all the latest updates
and join the live discussion on Twitter
– follow us @ICCBanking and using
our official conference hashtag:
#BCMeeting.
If you are interested in our
sponsorship opportunities,
please contact:
Luz Rodriguez,
ICC Global Partnership Manager
Delegates are responsible for their
own accommodation bookings and
travel arrangements. For further
information on the accommodation
including the list of recommended
hotels, please visit the event’s official
website: http://www.iccwbo.org/
SINGAPORE2015
We are able to dispatch visa
invitation letters to support your visa
application only after receipt of your
registration form and full payment of
your registration fees.
400+attendees
2day
programme
60+speakers
SINGAPORE 2015
ICC BANKING COMMISSION
ANNUAL MEETING
20-23 APRIL 2015
Raffles City Convention Centre
Swissôtel The Stamford
2 Stamford Road
Singapore, 178882
Tel: +65 6338 8585
www.swissotel.com
COUNTRIES TO BE REPRESENTED
EVENT STATISTICS
65+countries represented
60Financial Institutions
20Corporates
15ECA’s & Multilaterals
5Media, IT Providers,
Consultants & Legal
ATTENDEE PROFILE
SPONSORS
ICC BANKING COMMISSION SINGAPORE 2015
SPONSORS
G LOBAL AN D PL ATIN U M PREFERRED PARTN ERS
GOLD
SILVER
B RONZE
TECHNOLOGY AN D M EDIA PARTN ERS
INSTITUTIONAL PARTN ERS
ORGANISED BY HOSTED BY SU PPORTED BY
University College
PUBLISHING
A revolution in business education
Rigorous and relevant
business education
The International Chamber of
Commerce (ICC), the world business
organization, will present its ground-
breaking educational initiative –
the ICC Academy – at the ICC Banking
Commission Annual Meeting on
20-23 April 2015 in Singapore.
A series of networking events are
organized in Singapore to present the
ICC Academy:
Welcoming Cocktail
21 April, 19:00 – 20:30 pm
(Equinox)
Panel Discussion
22 April, 9:45 – 10:15 am
(Stamford Ballroom)
Breakout Session
22 April, 10:45 – 11:30 am
(Canning, Fairmont Ballroom)
ICC Academy Annual Series Lecture
23 April, 9:15 – 10:30 am
(Stamford Ballroom)
Please make sure to visit the ICC
Academy Booth for presentation
and live demos of our products and
services, including membership,
certifications, research and much more.
Through digital delivery and an unrivalled roster
of experts and practitioners, the ICC Academy
is a unique offering that opens the door to a
world-class business education, irrespective of
geographical or developmental constraints.
Providing certified business education courses
that are internationally recognized and globally
available, the ICC Academy raises the bar
with respect to professional standardization,
competency and ethical conduct.
For more information, please contact
Thierry Senechal, Deputy Director,
ICC Business Development, ICC Global
Coordinator, ICC Academy
ICC BANKING COMMISSION SINGAPORE 2015
WELCOME
The Banking Commission of the International Chamber of Commerce (ICC), in collaboration with The Association of Banks in Singapore (ABS) and supported by the Singapore Business Federation (SBF), is pleased to host the first of its bi-annual meetings for 2015 in Singapore from 20 to 23 April.
With more than 600 members in over 100 countries, the ICC Banking Commission has established itself as the pre-eminent global forum for trade finance. Based on input from and consultations with members across the countries, the Commission produces universally accepted rules and guidelines that govern international banking practice for trade finance.
This meeting, which brings together trade experts, banking professionals, business leaders, lawyers and government officials across the world provides a unique platform for the exchange of ideas and discourse on the opportunities and challenges facing both the business and the banking communities. As a reputable and globally recognized trade hub that has invested significantly in trade infrastructure and associated services, Singapore is an ideal meeting venue for this international meeting.
Trade finance, as the backbone that supports the global movement of goods, is poised to play an increasingly important role as international trade becomes a dominant driver of cross border fund flows. This is also underscored by the continued growth of China both as an importer and exporter, and the rising prominence of the Renminbi as an alternative trade payment currency.
Alongside these macro market developments is also a whole range of other issues which will need to be addressed to ensure the healthy development of the industry, such as cross border money laundering, trade fraud, tax evasion and other irregularities which require prudential measures from the authorities and vigilance from the private sector. On the other hand, the increasing acceptance of Islamic Finance and the gradual international consensus on removing trade barriers will create new opportunities for all industry participants.
Over the two days, the various plenary sessions and forums will address these and many other areas that are expected to take the centre stage in the future development of the international trade finance industry. In addition to the formal sessions, this meeting will also be a valuable platform for informal dialogue among the fellow delegates and experts to share ideas and insights.
We look forward to welcoming you in Singapore.
WELCOME
SAMUEL TSIEN
CHAIRMAN, THE ASSOCIATION OF BANKS IN SINGAPORE (ABS) AND COUNCIL MEMBER, SINGAPORE BUSINESS FEDERATION (SBF)
COMPETENCY & EXPERTISE: DRIVING TRANSFORMATION IN TRADE FINANCE
FOREWORD
We are delighted to welcome you to the first Banking Commission Annual meeting. This two-day flagship event will bring together over 400 of the most influential trade finance experts, banking professionals, business leaders, lawyers and government officials from over 65 countries to debate the critical issues affecting the trade finance industry. Under a new format offering, the programme will feature 60 high-level keynote and panel speakers in a host of interactive plenary and breakout sessions, as well as lively roundtable discussions addressing the most topical themes in trade finance highlighting in particular the regulatory framework, opportunities and challenges for the industry, e-Trade platforms, competency and expertise to build robust market capabilities while accentuating opportunities across emerging markets.
In addition to providing unparalleled networking opportunities, the event, will notably showcase the ICC Academy – a ground-breaking distance learning and certification institution currently being developed by the ICC which is set to focus on professional competency in trade finance. A keynote speech by a prominent speaker will set the ground for the first Annual ICC Academy Lecture dedicated to ‘Financing & the State of Global Trade’.
Furthermore, ICC Banking Commission task forces and working groups will meet to discuss technical topics related to bank guarantees, financial crime risk, supply chain finance, factoring, forfaiting, legal issues and regulation. Further events include a training session on Bank Payment Obligation scheduled for 22 April. Lastly, an important feature of this bi-annual meeting will be a policy consultation forum, gathering key industry leaders and senior executives of international organizations, to advance discussion on the barriers to trade finance and measures to support the growth of small and medium-sized businesses (SMEs).
We are honoured to have a distinguished group of keynote and guest speakers who will contribute their time and insight for the benefits of all attendees. We are also grateful to the Association of Banks in Singapore and our sponsors, whose generosity and support made this conference possible. Finally, we would like to acknowledge the eagerness and dedication of the entire Banking Commission membership as well as our longstanding partners.
We invite you to engage with those around you, build new relationships, and critically consider the fascinating and challenging climate facing the banking industry. We hope that you will enjoy this Annual meeting and we look forward to your continued support and participation.
Wishing you a productive meeting.
FOREWORD
KAH CHYE TAN
CHAIR, ICC BANKING COMMISSION
ICC BANKING COMMISSION SINGAPORE 2015
PROGRAMME
PROGRAMME AT A GLANCE
Venue: Raffles Convention Centre, 2 Stamford Road, Swissôtel The Stamford, 178882 Singapore
TUESDAY 21 APRIL
Taskforce and specialized group meetings
Welcome cocktail
MONDAY 20 APRIL
Taskforce and specialized group meetings
WEDNESDAY 22 APRIL
Welcome remarks
Plenary session
Coffee break
Breakout sessions
THURSDAY 23 APRIL
Plenary session
Coffee break
Plenary session
Lunch
Breakout sessions
Inauguration lunch
Breakout sessions
Plenary session
CLOSING REMARKS
Closing cocktail
Coffee break
Breakout sessions
GALA DINNER
STREAM 1
Building market capabilities
IMPORTANT NOTE:delegates will be able to switch between streams
STREAM 1
Growth of the emerging markets
STREAM 1
Building market capabilities
STREAM 1
Financial crime management
STREAM 2
Financing growth by banks and non-banks
STREAM 2
Technical stream
STREAM 2
Risk management
STREAM 2
BPO training
1COMPETENCY & EXPERTISE: DRIVING TRANSFORMATION IN TRADE FINANCE
AGENDA
AGENDA
DAY 1 WEDNESDAY 22 APRIL
Venue: Stamford Ballroom
8:00 – 8:45
REGISTRATION
8:45 – 9:00
Opening Remarks
Samuel Tsien, Chairman, Association of Banks in Singapore (ABS)
Kah Chye Tan, Chair, ICC Banking Commission
Stefano Bertasi, Executive Director, ICC Policy and Business Practices
9:00 – 9:30
ICC Banking Commission: News & Updates
Kah Chye Tan, Chair, ICC Banking Commission
Neil Chantry, Head, ICC Banking Commission Executive Committee and Global Head of Business Policy, Global Trade and Receivables Finance, HSBC
Emily O’Connor, Senior Policy Manager, ICC Banking Commission
Thierry Senechal, Deputy Director, ICC Business Development, ICC Academy Global Coordinator
9:30 – 9:45
KEYNOTE SPEECH:Global Trade and Trade Finance: Competency & Expertise in the SpotlightLim Hng Kiang , Minister for Trade and Industry, Republic of
Singapore
9:45 – 10:15
HIGHLIGHT :Global Game changer: The ICC AcademyKah Chye Tan, Chair, ICC Banking Commission
Thierry Senechal, Deputy Director, ICC Business Development, ICC Academy Global Coordinator
10:15 – 10:45
COFFEE BREAK
MONDAY 20 APRIL9:00 – 19:00
Task Force & Specialized Group Meetings (Restricted to group members)
TUESDAY 21 APRIL9:00 – 19:00
Task Force & Specialized Group Meetings (Restricted to group members)
19:00 – 20:30
Welcome Cocktail hosted by Singapore Business Federation (Open to all participants)
Venue: Equinox, Swissôtel The Stamford, Raffles Convention Centre
10:45 – 12:30
Breakout sessions (select from Stream 1 or 2)
PTO
AGENDA
2 ICC BANKING COMMISSION SINGAPORE 2015
STREAM 1Room: Canning – Fairmont Ballroom
Building Market Capabilities
14:30 – 15:30
KYC and the SWIFT Registry: The Challenge Grows, the Solutions EvolveRegulatory pressures and demands on trade finance and international banking continue to grow, with “Know your
STREAM 2Room: Stamford Foyer
Credit Risk Management
14:30 – 15:30
Trade Credit Adjudication and Approval: A Practical View from the ExpertsJust as partners and stakeholders such as relationship managers, credit committees and risk specialists need to better understand trade finance, so
STREAM 1Room: Canning – Fairmont Ballroom
Building Market Capabilities
10:45 – 11:30
ICC Academy: Providing rigorous, relevant and applicable business educationThe ICC Academy introduces a unique digital platform to encourage individuals to reach their highest potential with respect to professional competency and ethical conduct.
Issues to be addressed:
• How is ICC Academy servingthe global needs of businesseducation, knowledge,professional development,connection, and inspiration?
• What can be done to bridgethe education gap in thedeveloping world?
• What has been achieved so farand what remains to be donefor the ICC Academy?
Speakers:
Thierry Senechal, Deputy Director, ICC Business Development, ICC Academy Global Coordinator (Discussion leader)
Alexander Malaket, President, Opus Advisory Services
Kah Chye Tan, Chair, ICC Banking Commission
Michael Vrontamitis, Head of Trade, Product Management, Standard Chartered
Neal Livingston, Global Head of Trade and Transaction Services, Commonwealth Bank of Australia
Rudolf Putz, Deputy Director Financial Institutions, Head Trade Facilitation Programme (EBRD)
11:30 – 12:30
SCF: From Terminology to Solutions, the Proposition EvolvesSupply chain finance is the new frontier of the finance of international commerce, an
STREAM 2Room: Stamford Room
Financing Growth by Banks and Non-Banks
10:45 – 11:30
The RMB: Reshaping International Settlement and Global Currency MarketsThe growth of the RMB as a currency of international settlement, from pure payments to international trade, is growing materially, as is global competition to establish RMB centres in major markets.
Issues to be addressed:
• The growth of RMBdenominated trade
• Evolution of the RMB to areserve currency
• Policy, the robustness of economic metrics
Speakers:
Presentation by Cao Yunchuan, Director General Manager, ICBC Singapore Branch
Clifford Lee, MD, Treasury & Markets, Fixed Income, DBS (Discussion leader)
Daniel Schmand, Head of Trade Finance & Cash Management Corporates EMEA, Deutsche Bank
Lee Swee Siong, Head of Cash Management Product, Global Transaction Banking, OCBC
Motasim Iqbal, Head of Transaction Banking, SCB
Xia Lin, Director, General Manager, ICBC International Trade Processing Center
11:30 – 12:30
Capital Attraction: ICC
Institutional Investors in Trade Finance: Sponsoring banking industry initiatives to increase the flow of global investor capital into Trade Finance.
Even as global trade flows grow and demand for financing increases, banks face significant regulatory, capital and risk management pressures around
12.30 – 14.30
Lunch hosted by ABS
14:30 – 16:30
Breakout sessions (select from Stream 1 or 2)
STREAM 2trade finance, and it is clear that a banking industry-wide strategic approach is needed to create additional global trade financing capacity.
Issues to be addressed:
• Understanding the evolution of investor participation in thetrade finance market
• Updates on the work of the IITF to ensure that this participationis maximized
• Insight into the various formsof investor participation as wellas discussion on how the IITF isworking and coordinating withother ICC Banking Commissioninitiatives and different industrygroups and organizations
Speakers:
Suresh Advani, Managing Director, Insurecap Limited (Discussion leader)
Craig Dimmick, Chief Operations Officer, Eurofin Asia Group Pte Ltd
John Ahearn, Managing Director, Global Head of Trade, Global Transaction Services, Treasury and Trade Solutions Group, Citibank
Paul Hare, Global Head Portfolio Management, Standard Charter
Ruediger Geis, Head, Product Management Trade Services & Issues, Commerzbank
STREAM 1area that is evolving fast, but one where the basics – such as a common understanding of terminology – are still in evolution.
Issues to be addressed:
• The Global SCF DraftingGroup and its mandate
• Evolution of the SCF valueproposition
• Effectively meeting clientexpectations
• SCF, SMEs and Emerging Markets
Speakers:
Alexander Malaket, President, Opus Advisory Services (Discussion leader)
Bertrand de Comminges, Global Head of Product Management, Structured Solutions, HSBC
Sean Edwards, Head of Legal, Sumitomo Mistui Banking Corporation Europe Limited
Shivkumar Seerapu, Managing Director | Regional Head – Trade Finance, Asia Pacific, Deutsche Bank
Vijay Vashist, Global Head of Trade & Supply Chain Finance and Trade Asset Management in Global Transaction Services, DBS
Vivek Gupta, Global Head of Trade & Supply Chain and Working Capital Product, ANZ
3COMPETENCY & EXPERTISE: DRIVING TRANSFORMATION IN TRADE FINANCE
AGENDA
STREAM 1Customer” and related requirements putting immense cost, resource and transactional pressure on providers of trade finance. The SWIFT KYC Registry is another example of an industry-wide solution to a mission-critical challenge.
Issues to be addressed:
• Understanding the KYC Registry
• Benefits and responsibilities of membership
• SWIFT as a trusted partner
• Technology and businessprocess considerations
Speakers:
Dan Taylor, Former Managing Director, Global Market Infrastructures, J.P. Morgan (Discussion leader)
Bart Claeys, Global Head of KYC Services, SWIFT
David Fleet, Managing Director, CDD and Middle Office, Corporate and Institutional Clients, Standard Chartered
Reto Merazzi, General Manager APAC Region, Appway
15:30 – 16:30
Getting Ahead of the Game: Financial Crime – from Theory to Practice Banks and financial institutions are playing an increasingly critical role in identification and prosecution of financial crime, and must keep up with regulatory demands as well as stay ahead of the countermeasures of criminal organizations. The key to long-term success will be to get ahead of the financial crimes curve.
Issues to be addressed:
• Current trends in financial crime, regional highlights
• Regulatory requirementsand the role of banks incombatting financial crime
• “Follow the Money”: Theory and Practice
• Identification, Investigationand enforcement
Speakers:
Pottengal Mukundan, Director, ICC Commercial Crime Services (Discussion leader)
Beaver Chua, Country AMLCO Citibank, Singapore
STREAM 2too, do trade financiers face an imperative to better understand what motivates and drives their key partners, including credit specialists.
Issues to be addressed:
• Adjudication: BalancingBusiness and Risk
• Effective proposals
• Common pitfalls and deal-breaking errors
• Appealing a decision
Speakers:
Ng Loo Hock, Managing Director, Group Head of Structured Trade & Commodity Finance, United Overseas Bank Ltd, (UOB) (Discussion leader)
Albert Lim, Head, Credit & Surety Hub Asia Pacific at Swiss Re Corporate Solutions
Daniel Schmand, Head of Trade Finance & Cash Management Corporates EMEA, Deutsche Bank
Gary Slawther, Corporate Treasurer, OCTAL SAOC FZC
Kai Fehr, Head of Sales, Asia Pacific, International Trade Services, Wells Fargo
Tolentino Mendonca, Regional Head of Trade Finance, Asia Pacific Crédit Agricole Corporate and Investment Bank
15:30 – 16:30
Fraud: Tough Realities and Effective Mitigation in Trade FinanceTrade finance has been shown to be a low-risk, effectively mitigated form of financing, and while fraud cases are relatively rare, they can be large, far-reaching in scope and highly visible. Tough realities can be observed, but effective strategies can and do work well to manage fraud risk: sometimes, it comes back to the basics.
Issues to be addressed:
• Leading cases across China, Hong Kong and Singapore
• Insights from practitioners andinvestigative specialists
• Learning from and applyingthe lessons of experience
• Looking ahead to new formsof fraud or new risks, as trade finance evolves
16:30 – 17:00
COFFEE BREAK
17:00 – 18:30
Breakout sessions (select from Stream 1 or 2)
STREAM 1Room: Canning - Fairmont Ballroom
Official DOCDEX Launch
17:00 – 18:30
Launch of the 2015 ICC DOCDEX Rules: Cost-Effective Dispute Resolution in Global Trade Finance Resorting to court litigation or to binding arbitration to resolve disputes in trade finance can be costly both in terms of litigation costs and ruined business relationships. An alternative exists: Documentary Instruments Dispute Resolution Expertise (DOCDEX). This session will feature the first global launch of the new ICC DOCDEX Rules. Drafted jointly by the ICC Banking Commission and the ICC Commission on Arbitration and ADR, the new sets of rules will set new standards for dispute resolution in global trade finance. As from 1 May 2015, this new set of rules can be used to resolve global trade finance related disputes worldwide in
STREAM 2Room: Stamford Ballroom
BPO Training
17:00 – 18:30
The BPO: Shifting from Principle to PracticeAs the banking community moves toward embracing the Bank Payment Obligation as another trade settlement option this panel provides a unique opportunity to hear directly from bankers who have successfully implemented the instrument. The panel is complemented by a technology provider and possibly a corporate user as well.
Issues to be addressed:
• Success stories of BPO implementations
• Key internal and externalchallenges to launching BPO
• Technology options to consider
Speakers:
Michael Quinn, Managing Director, Global Trade & Loan Products, JP Morgan (Discussion leader)
Andreas Baehnk, Trade Finance Product Director, Surecomp
STREAM 2Speakers:
Soh Chee Seng, Technical Consultant, Association of Bank in Singapore (ABS) (Discussion leader)
Gao Xiang, Dean of Comparative Law School, China University of Political Science and Law, CUPL
James E. Byrne, Director, IIBLP USA
Toh Kian Sing, SC, Rajah and Tann, Singapore
Jin Saibo, PhD of Law, Partner of Beijing Commerce & Finance Law Offices
Zhu Hongsheng, General Manager of Product Centre, Department of Trade & Finance, China Minsheng Banking Corporation, CMBC
STREAM 1David Hughes, Head of Finance Litigation, Decherts LLP, Solicitors, London
Lorna K. Strong, Deputy General Counsel, Global Trade & Receivables Finance, HSBC
Ms Lim Siew Lee, Group Head of AML/CFT, Compliance Services & Security, DBS Bank
Regina Liew, Head, Financial Institutions Group, Rajah and Tann, Singapore
AGENDA
4 ICC BANKING COMMISSION SINGAPORE 2015
DAY 2 THURSDAY 23 APRIL
Venue: Stamford Ballroom
9:00 – 9:10
Welcome Remarks
9:10 – 9:30
HIGHLIGHT :The ICC Academy Annual Lecture Series: International trading hub and Trade InfrastructureTeo Eng Cheong, Chief Executive Officer, International Enterprise Singapore (IE)
9:30 – 10:15
Legal Entity Identification (LEI), why should I care?
LEI is a unique global identification number associated with a single legal entity. Following the 2008 global financial crisis, an increasing need for accurate and unambiguous identification of legal entities engaged in financial transactions has been identified to measure and monitor systemic risk but not only. Acknowledged by international bodies, such as the Financial Stability Board (FSB) and the G20, this need led to regulators striving to adopt through rulemaking a universal standard for identifying parties to financial contracts. This identifier is the LEI.
Issues to be addressed:
• What is LEI?
• Why was it created?
• Where are we with its adoption?
Speaker:
Alex Kech, Head of Securities, APAC at SWIFT
10:15 – 11:00
COFFEE BREAK
STREAM 1proceedings administered by the ICC International Centre for Amical Dispute Resolution (ADR).
DOCDEX has proven its value as time-efficient and cost-effective dispute resolution system in 150 claims over the past 18 years. Its recent revision offers numerous new advantages to banks and businesses desirous of obtaining a decision from the world’s best experts in trade finance. Bank managers, lawyers and ICC dispute resolution specialists will debate in this panel the merits of DOCDEX amongst other dispute resolution systems and how to make the best use of it.
Issues to be addressed:
• Is it an arbitration? Is it a litigation? No, it’s DOCDEX! A presentation of the newDOCDEX rules
• The role of the ICCInternational Centre for ADR inensuring high quality DOCDEX decisions
• A banker’s approach toDOCDEX: when and how to use DOCDEX
• A lawyer’s approach toDOCDEX: when and how to advise your client to useDOCDEX
• The expert’s approach toDOCDEX: an insider view on how DOCDEX panels operate
Speakers:
Georges Affaki, Chair of the Legal Committee and Chair of the DOCDEX drafting group, ICC Banking Commission (Discussion leader)
Kim Seah, A.ANG, SEAH & HOE, Advocates & Solicitors, Singapore
Lorna K. Strong, Deputy General Counsel, Global Trade & Receivables Finance, HSBC
Sylvia Tee, Director, ICC Arbitration & ADR, Asia, ICC Dispute Resolution Services, Singapore
Ruediger Geis, Head Product Management Trade Services & Issues, Commerzbank
STREAM 2Daisuke Kamai, Head of eTrade Product, Transaction Banking Division,Bank of Tokyo-Mitsubishi UFJ,Ltd.
Nadine Louis, Market Manager, Corporates and Supply Chain, SWIFT
Markus Wohlgeschaffen, Managing Director, Global Head of Trade Products - Global Transaction Banking Corporate & Investment Banking, UniCredit
Ruth Kunz, Head of Policies and Guidelines in Documentary Business, Commerzbank
Thomas Tan, Head of Global Sales, Foreign Exchange and Transaction, CIMB
18.30
CLOSE OF DAY ONE
20:00 – 22:00
Gala Dinner
Venue: Gardens by the Bay
Transportation to be provided
ADB TFP Award 2015
5COMPETENCY & EXPERTISE: DRIVING TRANSFORMATION IN TRADE FINANCE
AGENDA
STREAM 2Room: Stamford Ballroom
Technical Stream
14:00 – 18:00
Roundtable: ‘Impact of regulations, regulatory expectations and market developments on ICC Rules’
Revisions of UCP are often triggered by key external movements in international trade practice. Arguably, regulatory change is a catalyst for a new revision. This session will discuss the key factors including alternatives.
Issues to be addressed:
• With no formal recognition of“Restriction” where regulators now expect firms to have CDD on all participants, is
STREAM 1Room: Canning, Fairmont Ballroom
Growth of the Emerging Markets
14:00 – 15:00
Bank Dis-intermediation in Trade Finance: Fact or Fiction?
Are banks really losing ground as leading providers of trade finance? Is this good for corporates? How will we address the global gap in trade financing, including for developing economies?
Issues to be addressed:
• The Client Perspective
• Positions of bank and non-bank providers, traditional and SCF solutions
• Collaboration models andopportunities
• Looking ahead
11:00 – 12:00
Financial Crime: Highlights of the Global Regulatory Framework
Financial crime is increasingly central to the management considerations of international and trade finance bankers, and as a global collaboration emerges around fighting financial crime, a global regulatory framework emerges; global alignment and coordination is a long-term imperative, and highlights of recent developments will be considered on this panel.
Issues to be addressed:
• Impact on the corporate clients
• Effect on banks’ governance models
• Implications for personal and professional liability
• Upcoming priorities
Speakers:
Neil Chantry, Head, ICC Banking Commission Executive Committee, Global Head of Business Policy, Global Trade and Receivables, HSBC (Discussion leader)
Mark Evans, Chief Compliance Officer, ANZ
Scott Stevenson, Global Trade and Financial Supply Chain Solutions, International Finance Corporation (IFC)
Susan Wright, Head of Financial Crime External Relations, HSBC
12:00 – 14.00
Lunch hosted by ABS
14:00 – 18:00
Breakout sessions (select from Stream 1 or 2)
STREAM 1
Speakers:
Neo Bock Cheng, Executive Vice President, Head, Global Transaction Banking, OCBC Bank (Discussion Leader)
Gary Slawther, Corporate Treasurer, OCTAL SAOC FZC
Nils Swolkien, Chief Financial Officer, Decathlon Asia CFO
Kai Fehr, Head of Sales - Asia Pacific, International Trade Services, Wells Fargo
Pierre Lorinet, Chief Financial Officer, Trafigura
Ms. Jac Wong, Executive Director & Head of Trade Product, FSCM Product & BRTF Group Transaction Banking, UOB
15:00 – 16:00
Challenges and Opportunities in Financing South/South Trade Flows
Developing and emerging markets are experiencing significant growth in trade flows, and will represent major opportunities for trade financiers in the coming decade. While there are clear and compelling opportunities, the financing of South/South trade flows present some unique challenges.
Issues to be addressed:
• Risk management practices inselected developing markets
• SMEs, access to finance and supporting trade flows
• Pricing and the availability of trade finance
• Key role of IFIs and DFIs insupporting trade
• Case Study
Speakers:
Vinod Madhavan, Head, Transactional Products & Services, South Africa, Standard Bank (Discussion leader)
Alicia Garcia Herrero, Chief Economist for Emerging Markets BBVA
Gema Sacristan, Chief, Financial Markets Division, Inter-American Development Bank
Jon Barañano Gaviña, Unidad Global de Negocio Internacional Product Manager
STREAM 2
it acceptable to accept a direct presentation from a beneficiary with whom the issuing bank has no relationship at all?
• Can a “Freely Negotiable” or “Available by negotiation with any bank” credit be viablewhen regulation requiresthat the banks involved havemutual CDD in place?
• Compliant presentations canbe rejected by virtue of asanctions breach or potentialsanctions breach. The ForceMajeure clause does not coverthis. Or does it?
• Exchange control regulationsand Import/Export controlsare not covered by UCP. To what extent should UCP recognize these restrictions?
• Correct reflection of market changes, including logistics industry.
• How to mitigate the risk ofhaving to exit a Guaranteecommitment if regulatoryrequirements change.
• How to use URC 522 to meet regulatory requirements.
Speakers:
Neil Chantry, Global Head of Business Policy, Global Trade and Receivables Finance, HSBC (Discussion leader)
David Meynell, Senior Technical Advisory, ICC Banking Commission
Hari Janakiraman, Head, Global Core Trade Product Transaction Banking, Australia and New Zealand Banking Group Ltd
John Turnbull, Joint General Manager, SMCBE LTD
Michael Quinn, Managing Director, Global Trade & Loan Products, JP Morgan
15:00 – 18:00
ICC Rules for the Experts: Draft Official Opinions of the Banking Commission and latest DOCDEX decisions
AGENDA
6 ICC BANKING COMMISSION SINGAPORE 2015
17:15 – 18:00
HIGHLIGHT:Trade Finance: The Value of Research, the Imperative of Analysis
Trade finance has a long history of operating “in the background” and being a domain reserved for specialists and practitioners. The global financial crisis has irrevocably brought trade finance into the spotlight as a critical enabler of international commerce, and in this context, the importance of robust research, credible and objective analysis, and solid metrics is increasingly apparent.
Issues to be addressed:
• The benefits of effective research
• Linking research, analysis, advocacy and the evolution of policy
• Research and measurement techniques
• Critical gaps and the need for industry engagement andcollaboration
Speaker:
Marc Auboin, Economic Counselor, World Trade Organization (WTO)
18:00 – 18:15
PRIZE DRAW
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ICC Tools for TradeSponsored by ICC Banking Commission
18:15
Closing Remarks
19:00
Closing Cocktail hosted by GTR (Open to all participants)
Venue: The Exchange 8 Marina View #01-05, Asia Square Tower 1 Singapore 018960
NOTE: Participants on Stream 2 may continue with the plenary beginning at 16:30
NOTE: Participants on Stream 1 may continue with the plenary beginning at 16:30
Venue: Stamford Ballroom
16:30 – 17:15
Trade Facilitation and Finance: Connecting New “Dots” in International Commerce and Development
The critical role of trade in international development is well-established, and a new project has been proposed and accepted through UN/CEFACT, the UN Centre for Trade Facilitation and Electronic Business, to integrate trade finance into practices related to trade facilitation, initially, “Single Window” market access initiatives.
Issues to be addressed:
• Highlights of current trade facilitation practice and leading SingleWindow initiatives globally
• The critical role of financing, including the challenge of Access toFinance (A2F) in developing markets.
• Project scope and objectives
• Creating collaboration between financiers and development experts
Speakers:
Alexander Malaket, President, Opus Advisory Services (Discussion leader)
Daniel Schmand, Head of Trade Finance & Cash Management Corporates EMEA, Deutsche Bank
Gloria Pasadilla, Senior Analyst, APEC Secretariat
Markus Wohlgeschaffen, Managing Director, Global Head of Trade Products – Global Transaction Banking Corporate & Investment Banking, UniCredit
Rudolf Putz, Deputy Director Financial Institutions, Head Trade Facilitation Programme (TFP), European Bank for Reconstruction and Development (EBRD)
16.00 – 16.30
COFFEE BREAK
STREAM 1
Steven Beck, Head Trade Finance, Asian Development Bank
Adesh Sarup, Head of Transaction Banking Singapore, ANZ
STREAM 2
15:00 – 18:00
ICC Rules for the Experts(Continues until 18:00)
7COMPETENCY & EXPERTISE: DRIVING TRANSFORMATION IN TRADE FINANCE
REGISTRATION
REGISTRATION FEES
The registration fee includes participation in the welcome cocktail, entry to the welcome cocktail, opening ceremony, gala dinner, plenary meeting programme, exhibition, lunches, coffee breaks, welcome kit and closing cocktail.
Travel and hotel expenses are not included.
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Non-Members: ¤500
HOW TO REGISTER
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Registration will be confirmed upon the completion of the online registration form and registration fees.
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