dubai 2020 · 2019-12-15 · agenda icc banking commission dubai 2020 1. insight 3. influence gain...

ANNUAL MEETINGICC FINANCE FOR DEVELOPMENT BANKING COMMISSION 20-23 APRIL 2020

CONNECTING THE TRADE WORLD: SHAPING THE FUTURE

AGENDA

DUBAI 2020

AGENDA

ICC BANKING COMMISSION DUBAI 2020

1. INSIGHT 3. INFLUENCEGain valuable insight into the latest developments in trade finance from prominent keynote speakers, industry experts, and business and finance leaders.

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.

2. EXCHANGEExchange ideas in lively discussions specially designed to address the most topical themes in trade finance.

The ICC Banking Commission meetings are the only events of their kind gathering 600+ 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

DUBAI 2020

PROGRAMME CREDITED

COUNTRIES TO BE REPRESENTED

8 5 18 7 32

5. NETWORK4. LEARNDevelop unique skills to enhance best practices. Keep up-to-date with the policy and regulatory changes affecting the industry through ICC’s market-leading work in standard-setting, market intelligence and policy-making.

Extend your sphere of influence through our network of over 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.

EVENT STATISTICS DUBAI 2020

ANNUAL MEETING ICC FINANCE FOR DEVELOPMENT BANKING COMMISSION 20-23 APRIL 2020

The Ritz-Carlton, Dubai International Financial Centre Gate Village, DIFC, off - Sheikh Zayed Rd Dubai, 482032 United Arab

T +971 437 222 22

https://www.ritzcarlton.com/en/hotels/dubai/difc

This programme will be credited with PDCs towards the ICC Academy Accreditation programme and with PDUs towards the CDCS and CSDG Recertification Course Recognition by The London Institute of Banking & Finance.

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: https://2go.iccwbo.org/icc-banking-commission-annual-meeting.html

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.

If you are interested in our sponsorship opportunities, please contact: Sandra Sanchez Nery ICC Sponsorship Project Manager [email protected]

Follow us on twitter: @ICCBanking Use our official conference hashtag: #BCMeeting

400+ 100+

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



http://https://2go.iccwbo.org/icc-banking-commission-annual-meeting.html



mailto:ssy%40iccwbo.org?subject=

https://twitter.com/ICCBanking

https://twitter.com/hashtag/BCMeeting

AGENDA


ORGANISED BY HOSTED BY

SPONSORS

INSTITUTIONAL PARTNERS

BRONZE SPONSORS

PREFERRED PARTNERS

S ILVER SPONSORS

TECHNOLOGY AND MEDIA PARTNERS

SUPPORTED BY

TRADE FINANCE

I N T E R N AT I O N A L


AGENDA

LEARN MORE www.icc.academy

Quality learning from the world business organization

YOUR OPPORTUNITY Attend the ICC Banking Commission’s Annual Meeting on 22-23 April 2020 and earn 12 PDCs

3 40Categories of online certificate programmes

e-Courses and certifications

8 20+ 130+Supply Chain Finance Summits

ICC Livecast episodes

Countries with alumni

We deliver online certification and professional development services to meet the educational needs of banks, corporates and other organisations at the forefront of international trade. (Trade finance, International business and Regulation and compliance)

6 ICC BANKING COMMISSION DUBAI 2020

WELCOME

It is my immense pleasure to welcome you on behalf of International Chamber of Commerce-UAE to the ICC Banking Commission Annual Meeting to be held on 20-23 April, 2020 in Dubai, United Arab Emirates.

Dubai is a city that has emerged as a global hub for financial services, logistics, hospitality and trade and is steadily growing in other sectors including healthcare, technology and clean energy, nourishing a strong and diverse knowledge base and community of trained professionals that make it the ideal location for association conferences, corporate meetings and business events.

Dubai’s economy has vastly diversified and is no longer dependent on oil, instead expanding into the trade, services and finance sectors. Over the past decade, Dubai’s economy has changed and grown across several sectors. This is supported by the emirate’s government, which is continuously working to improve commercial transparency and introduce dynamic regulations, encouraging the formation of small and medium enterprises (SMEs). As the business hub of the Middle East, Dubai has continued to invest in strategic infrastructure and transportation projects to support the growing service sectors and ensure a stable economic future.

According to the recent ‘State of the Global Islamic Economy Report 2018-19’, the UAE ranks top globally across five Islamic economy sectors as Islamic finance assets globally recorded a surge to $3.8 trillion while global Muslim spend on food and beverage is expected to reach $1.9 trillion by 2023. The UAE is a catalyst for innovative initiatives and policies that present effective solutions to global economic challenges, while specifically enhancing the Islamic economy.

Hosting the Banking Commission Annual Meetings in 2009 and 2014 successfully give an edge to ICC UAE and Dubai Chamber of Commerce & Industry and is a testimony of a successful meeting in 2020. The meeting will provide a great opportunity to the participants for networking.

We look forward to welcoming you to UAE and to the city of Dubai.

WELCOME

H.E. HUMAID BEN SALEMCHAIRMAN, ICC UAE

7CONNECTING THE TRADE WORLD: SHAPING THE FUTURE

FOREWORD

It is a great pleasure for me to introduce the 2020 International Chamber of Commerce (ICC) Finance for Development Banking Commission Annual Meeting, taking place in Dubai from the 20th to the 23rd of April 2020.

This year’s conference, hosted in collaboration with the Dubai Chamber of Commerce and Industry and ICC United Arab Emirates, will bring together prominent speakers, industry experts and leaders from the world of business and finance to re-imagine the future of trade finance and influence policy governing the industry.

Under the theme “Connecting the Trade World: Shaping the Future”, the plenary meeting will gather upwards of 450 delegates to explore key topics for the industry, such as how to make trade finance more sustainable and inclusive for all market participants, how to best manage supply chain risks, the growth of digital processes and new business models, and the impact of sanctions, compliance and regulatory requirements on accessing trade finance.

The Middle East is a key region for global trade, yet companies based in the region still face a host of challenges when it comes to accessing adequate trade financing, with an average of 18% of requests being rejected, according to the 2018 ICC Global Survey. Enabling greater access to the trade finance market will be key to sustainable and long-term development and growth worldwide. The Annual Meeting—and ICC more broadly—plays a key role in this regard, acting as the world’s largest and most authoritative voice in the industry to advocate for fair and widespread access to trade finance.

Another exciting element of the conference revolves around the growing role of technology in the industry. The Fintech Showcase will bring together a variety of technology providers to exhibit their initiatives and engage with industry participants on their activities. The growing presence of fintechs within the industry is shaping client preferences and bringing new business models, with market participants and traditional trade finance providers learning to collaborate and cooperate with these new actors.

In addition, the conference will have a regional focus, with sessions discussing the growing interest in Islamic trade finance, the impact of global regulation and compliance recommendations in the Middle East and Expo 2020. With export and infrastructure finance playing an increasingly important role within the Finance for Development hub’s remit, these sessions will consider how the industry can work together to help drive long-term growth across the region.

Participants will also have the chance to hear directly from ICC leaders regarding the Finance for Development hub’s priorities and upcoming projects, in addition to a series of updates on ICC Rules and the Banking Commission Opinions.

The Annual Meeting plays a vital role in facilitating cross-industry engagement and informing regulatory discussions. We are honoured to have a distinguished and varied group of industry experts contributing their time and expertise for the benefit of all delegates and we would like to extend our thanks to all our sponsors for their continued generosity and support in making this event possible.

FOREWORD

DANIEL SCHMANDCHAIRMAN, ICC BANKING COMMISSION AND GLOBAL HEAD OF TRADE FINANCE, DEUTSCHE BANK


PROGRAMME AT A GLANCE

THURSDAY 23 APRIL **

PLENARY SESSIONCoffee Break

PLENARY SESSIONLunch

BREAKOUT SESSIONS NOTE: delegates will be able to switch between streams

Coffee BreakBREAKOUT SESSIONS

NOTE: delegates will be able to switch between streams

Prize DrawClosing RemarksClosing Cocktail

STREAM 1Rules and Opinions

STREAM 2Market Disruptions

STREAM 1Rules and Opinions

STREAM 2Market Disruptions

WEDNESDAY 22 APRIL **

Welcome Remarks

PLENARY SESSIONCoffee Break

PLENARY SESSIONLunch

BREAKOUT SESSIONS NOTE: delegates will be able to switch between streams

Coffee BreakBREAKOUT SESSIONS

NOTE: delegates will be able to switch between streams

Gala Dinner

STREAM 1Making Trade Work for People and our Planet

STREAM 2Making Technology Work for all

STREAM 1Making Trade Work for People and our Planet

STREAM 2Making Action on Climate Change Everyone’s Business

TUESDAY 21 APRIL *

Task Force and Specialised Group Meetings Welcome Cocktail

MONDAY 20 APRIL *

Task Force and Specialised Group Meetings (Restricted to group members)

PROGRAMME

* Venue: Dubai Chamber of Commerce & Industry Baniyas Road, Deira P.O. Box 1457 – Dubai, UAE** Venue: The Ritz-Carlton, Dubai International FInancial Centre

AGENDA


AGENDA

MONDAY 20 APRILVenue: Dubai Chamber of Commerce and Industry*

TUESDAY 21 APRILVenue: Dubai Chamber of Commerce and Industry*

AGENDA

9:00-18:00

Task Force & Specialised Group Meetings(Restricted to group members)

18:30-20:00Welcome Cocktail Venue: TBA

8:00-9:00

REGISTRATION

9:00-9:20

Welcome Remarks>> H.E. Humaid Ben Salem, Chairman, ICC UAE>> Daniel Schmand, Chair, ICC Banking Commission and Global Head Trade Finance, Deutsche Bank

09:45-10:30

The outlook for global trade and trade finance: a big year for MENAThis opening high-level session will see a leading economist set the scene before hearing from a number of trade finance heads from leading banks. Topics for discussion will include protectionism, trade tensions, the impact of issues such as Brexit—and the wider significance—as well as on-going market disruption.

Moderator: Eleanor Wragg, Senior Reporter, Global Trade Review (GTR)Panellists:>> Marc Auboin, Economic Counsellor, World Trade Organization (WTO) >> Vinay Mendonca, Managing Director and Global Head of Product & Propositions, Trade and Receivables Finance, HSBC >> Daniel Schmand, Chair, ICC Banking Commission and Global Head Trade Finance, Deutsche Bank>> Other speakers to be announced

9:20-9:45KEYNOTE SPEECH

10:30-11:00

Coffee Break

9:00-18:00

Task Force & Specialised Group Meetings(Restricted to group members)

WEDNESDAY 22 APRIL

Day 1

PLENARY MEETINGVenue: The Ritz-Carlton**

* Baniyas Rd, Dubai, UAE** Dubai International Financial

Centre


AGENDA

11:00-12:00

Corporate question time: the business leaders’ perspectiveThe session will provide the opportunity to hear from a range of bank clients on the key issues impacting on their day-to-day activities, and the role of their banks in helping them to meet those challenges head-on.>> What have been the most significant market changes? How have the methods used for securing funding changed in recent times?>> Are we seeing movement away from traditional trade financing instruments?>> To what extent are external geopolitical issues impacting on corporates? How has this manifested?>> How has increased connectivity, technological innovation and a greater role for data changed things?

Moderator: Clarissa Dann, Editorial Director, Deutsche BankPanellists:>> Halina Bernard, Head of Treasury, Africa & Middle East Operations, General Motors>> Ranil De Silva, Head of Corporate Finance and Planning, Metito Holdings>> Bharat Gupta, Regional Head, Trade & Structured Finance, Asia, Europe, Middle East and Africa, Olam International Limited>> Nitin Navandher, Group Finance Controller, Phoenix Global DMCC>> Staney Pullolickel, Regional Treasurer (Commercial), MENAT & SSA, GE

STREAM 1

Making trade work for people and our planetBALLROOM A

STREAM 2

Making technology work for allBALLROOM B

14:00-15:00

Managing supply chain risks: Riding the Waves in a Complex Global Environment>> Update from the ICC Supply Chain Finance Forum>> Addressing supply chain practice with reference to the transitioning of global value chains>> Promoting greater standardisation in supply chain finance terminology and rules in light of the wide range of structures available>> How the industry is responding to questions from auditors and ratings agencies over the commercial nature of SCF transactions>> New trends in supply chain security such as changes to modern slavery legislation - how secure is your supply chain?

Moderator: Christian Hausherr, Global Transaction Banking Product Management Trade Finance Supply Chain Finance EMEA, Deutsche BankPanellists:>> Kamola Makhmudova, Associate Director, EBRD Trade Facilitation Programme (TFP)>> Rogier Schulpen, Global Head of Trade & Working Capital Solutions, Santander>> Michael Sugirin, Global Head of Open Account, Standard Charter

14:00-15:00

ICC Fintech ShowcaseThis session will bring various technology providers together to showcase their initiatives and take questions from seasoned industry practitioners on their activities.

Presenters:>> Gunnar Collin, Client Executive, EnigioTime>> Jacob Katsman, Chairman, GlobalTrade Corporation (GTC)>> Waqas Mirza, Chief Executive Officer (CEO), Avanza Innovations>> Milena Torciano, Chief Executive Officer, Mitigram

Judges:>> Alexander Goulandris, Chief Executive Officer essDOCS>> Jacco de Jong, Global Head of Sales, Bolero>> Michael Vrontamitis, Head of Trade, Europe & Americas, Transaction Banking, Standard Chartered

12:00-14:00Lunch

14:00-16:00

BREAKOUT SESSIONSSelect from Stream 1* and 2**


AGENDA

15:00-15:45

Leveraging AI and technology to combat financial crime in trade finance>> From transaction risk to client risk an holistic assessment, >> From documentary instruments to digital fields – will innovation reduce mitigation of risk? >> The Industry needs to be able to share core data to include trends/typologies to stop crime in its tracks>> Financial Institutes cannot fight financial crime in isolation, Public/Private Sector need to join forces

Moderator: Graham Baldock, Global Head, Financial Crime Compliance, Global Trade and Receivables Finance, HSBCPanellist:>> Speakers to be announced

15:00-15:45

Blockchain and digitalisation: smoothing the frictions in global trade>> Update from the Digital Trade Standards Initiative (DSI)>> Update from the ICC Working Group on Digitalisation in Trade Finance>> The impact of trade consortia: What are the differing approaches in terms of ideology and stages of development?>> Is the industry closer to its objective of achieving greater digitalisation of trade finance documents? Do advances in open account blockchain over-shadow this?>> Are banks increasingly at risk of feeling fatigued over blockchain prototyping? Do enough of them understand what it takes to make a network go ‘live’?>> How important are widely recognised standards when it comes to these new developments? Is the industry managing to keep pace with this?

Moderator: David Bischof, Deputy Director, Finance for Development, ICCPanellists:>> Marwan Alzarouni, Member of the Dubai Future Council for Blockchain Technology and CEO of the Dubai Blockchain Center>> Alisa DiCaprio, Head of Trade & Supply Chain, R3>> Michael Vrontamitis, Head of Trade, Europe & Americas, Transaction Banking, Standard Chartered>> Louise Wiggett, CEO Global Trade Solutions, South Africa>> Daniel Wilson, Director Strategy and Operations at Maersk GTD

15:45-16:15

Coffee Break


AGENDA

16:15-17:30


STREAM 1 Making trade work for people and our planetBALLROOM A

STREAM 2 Making action on climate change everyone’s businessBALLROOM B

16:15-17:00

Is the market closer to achieving wider financial inclusion?>> Ensuring the best mechanisms and public policies are in place to optimise access to, use of, quality and impact of financial products on society>> How critical is financial inclusion to the achievement of growth through enabling access to a wider range of financial services? Does technology have a role to play here?>> Are too many companies still unbanked? What are the key challenges (lack of infrastructure, poor access to data, insufficient financial education)? Are SMEs still the most disadvantaged?>> Looking at how “inclusive and sustainable growth” continues to be at the top of the agenda for banks and policy makers alike

Moderator: Steven Beck, Head, Trade and Supply Chain Finance, Asian Development Bank (ADB)Panellists:>> Lamin Drammeh, Chief Trade Finance Officer, African Development Bank>> Vinod Madhavan, Group Head, Trade, Standard Bank>> Alexander Malaket, President, Opus Advisory Services International>> Jonathan Rawling, Chief Financial Officer, yallacompare

16:15-17:00

Circular supply chains: building a more sustainable future for trade>> Update from the ICC Working Group on Sustainable Trade Finance >> How can trade finance fund the technology needed to build a carbon neutral future?>> Should banks work more closely with businesses to reward those running sustainable and environmental-ly-friendly supply chains?>> Do banks and corporates need to look more closely at the risks provided by non-sustainable supply chains and products?>> Examining new ISO standards on chain of custody and how they seek to make supply chain trace-ability easier

Moderator: Roberto Leva, Relationship Manager, Trade and Supply Chain Finance ProgramPrivate Sector Financial Institution Division, Asian Development BankPanellists:>> Lusine Balasanyan, Senior Expert, Trade Finance, Santander >> Mark Eckstein, Director, Environmental and Social Responsibility, CDC Group>> Rudolf Putz, Head of Trade Facilitatation Programme, EBRD>> Shona Tatchell, CEO and Founder, Halotrade

17:00-17:20

IBOR demise and transitioning to new benchmarksThe late-2021 phasing out of the interbank lending rate (IBOR) signals potentially huge changes to the financial services sector and to trade finance in particular. This session will consider the following:>> Managing the transition from IBOR to alternate reference rates (ARR): What are the main challenges across some varying rates?>> What are the main challenges specific to the trade finance market? What could be the path to overcome the challenges?>> Are market practitioners prepared and ready? Has there been significant market consultation? Is momentum gathering?>> Navigating the challenges of legacy contracts: Could some run on IBOR post-2021? Is there flexibility for this?>> Could technology have a role to play in overcoming competition barriers when it comes to consultation?

Presented by: Manish Prasad, Global Head of Product Management, Trade Loans, HSBC

17:00-17:45

Is export finance the key to the future of global trade?>> Providing a regional update on export finance and ECA activities>> Highlighting the importance of sustainable finance including renewable energy projects in the regional export finance mix>> Emphasising the significance of risk mitigation strategies when looking to undertake activities>> Explaining the latest developments in improving regional understanding of export credit>> Recent evolution on the regulatory environment (OECD consensus and Basel III)

Moderator: Jonathan Joseph-Horne, Managing Director, Global Co-Head of Structured Export Finance, Global Trade Finance Department, Sumitomo Mitsui Banking Corporation Europe LimitedPanellists:>> Henri d’Ambrières, Chair, ICC Regulatory Advocacy Group and CEO, HDA Conseil>> Simon Lee, Managing Director, Head of International Trade & Transaction Banking, Crédit Agricole CIB>> Imran Saeed, Senior Executive Vice-President, Siemens UAE


AGENDA

THURSDAY 23 APRIL

Day 2

PLENARY MEETINGVenue: The Ritz-Carlton**

* Dubai International Financial Centre

17:20-18:00

Trade asset distribution and the need for a secondary market>> Increased capital markets demand for trade assets: Who are the investors and what are they looking for?>> What are the repackaging and securitization initiatives being undertaken by banks?>> How important are technological innovations in facilitating greater asset distribution?>> Assessing the role of credit insurance in both risk mitigation and capital relief>> What are the key issues that need to be addressed to make a vibrant market?

Moderator: Sean Edwards, Chairman, International Trade & Forfaiting Association (ITFA)Panellists:>> André Casterman, Chief Marketing Officer, INTIX; Non-Executive Director, Tradeteq; Chair, ITFA Fintech >> Walter Gontarek, Chief Executive Officer and Chairman, Channel Capital>> Semih Ozkan, Chair, Middle East Regional Committee, ITFA>> Other speakers to be announced

17:45-18:15

Leveraging existing trade finance infrastructureWith so much focus on the potential of often as-yet unproven technology, Swift’s infrastructure —representing over $2 trillion in annual volumes is too often overlooked. SWIFT MT standards update in 2020 will be a major event for banks, whilst KYC for corporates will go live in November 2019. SWIFT gpi also promises to be a major talking point, with industry discussion already well underway as to its significance.Panellist: >> Huny Garg, Head of Trade & Supply Chain, SWIFT

18:15

Close of Day One

19:30-21:30

Gala Dinner | Venue: TBA

9:00-9:15

Welcome Keynote

9:15-10:00

Islamic trade finance—A solution to corporate funding gaps?Not only are Islamic financial institutions hungry to grow their loan portfolios, the very structure of shariah-compliant transactions make them ideal for funding trade, particularly for SMEs, based on the principles of risk sharing, removing some of the burden of the risk profile, often the biggest restriction in their access to finance. Despite this, Islamic trade finance banking penetration has historically remained quite low, suggesting a lack of education and understanding on the benefits provided, along with concerns over a lack of standardisation and appropriate regulations.This session will consider why.

Moderator: K. Nizardeen, Chief Operations Officer, Faisal Islamic Bank; Member, Executive Committee, ICC Banking Commission & Vice Chair, ICC Banking Commission UAEPanellists:>> Bashar Al-Natoor, Global Head of Islamic Finance, Fitch Ratings>> Ana Kavtaradze, Head of Trade Finance, Bank of Georgia>> Anisse Terai, Managing Director, ITFC Sovereign Energy Fund (ISEF)

10:00-10:30

Coffee Break


AGENDA

15

10:30-11:00

ICC leading the way in global trade Join us for an overview of the current priorities of the Finance for Development Hub and a summary of the ICC Banking Commission’s Strategic/Market Outlook direction. This session will also feature an update from the Regulatory and Advocacy Group, Legal Committee, Market Intelligence and Successors in Trade Initiative.

Discussion leader: Olivier Paul, Director, Finance for Development, ICCPanellists:>> Georges Affaki, Chair, Legal Committee, ICC Banking Commission >> Henri d’Ambrières, Chair, Working Group on Regulatory and Advocacy, ICC Banking Commission>> Ruediger Geis, Chair, Successors in Trade Initiative, ICC Banking Commission>> Alexander Malaket, Chair, Market Intelligence, ICC Banking Commission>> Daniel Schmand, Chair, ICC Banking Commission and Global Head of Trade Finance, Deutsche Bank

11:40-12:10

ICC Trade Register 2019—main takeaways

Discussion leader: Krishnan Ramadurai, Chair, ICC Trade Register and Global Head of Capital Management, HSBCPanellists: >> Richard Crecel, Executive Director, Global Credit Data (GCD) >> Gao Xiaowen, Risk Manager, Bank of China >> Sukand Ramachndran, Partner & Managing Director, Boston Consulting Group (BCG)

12:10-12:30

Implementing Basel III: challenges and impact

Presented by: Krishnan Ramadurai, Chair, ICC Trade Register and Global Head of Capital Management, HSBC

11:00-11:40 HIGHLIGHT | ICC DIGITAL TRADE STANDARDS INITIATIVE (DSI)

Discussion leader : David Bischof, Deputy Director, Finance for Development, ICCPanellists:>> Alisa DiCaprio, Head of Trade & Supply Chain, R3>> Hans Huber, Trade Finance DLT R&D, Main Incubator/Commerzbank>> Chris Southworth, Secretary General, ICC United Kingdom

12:30 - 14:00

Lunch


AGENDA

STREAM 1

Rules and opinionsBALLROOM A

STREAM 2

Market disruptionBALLROOM B

14:00-14:30

Update on progress of the international standard banking practices for demand guarantees

14:30-15:00

Update on the progress of Uniform Rules for Digital Trade (URDT)

Presented by: David Meynell, Senior Technical Advisor, ICC Banking Commission and Owner, TradeLC Advisory

14:00-14:45

Is data the new oil?Data has been termed by many as the ‘oil of the digital era’, with companies such as Google, Amazon, Facebook, Microsoft and Apple now among the most valuable in the world. But what does this trend mean from a trade finance perspective? How can the industry take advantage?>> What measures are being taken to improve the timeliness and quality of data provided in the market?>> To what extent are regulators looking more closely at this issue? Are being more demanding as a result?>> How important a role has the ICC Trade Register proved in promoting dialogue and advocacy around trade finance?>> Has this increased focus led to new business models where companies are more data-driven?>> Can this fundamental pillar of digital transformation give customers a better experience?

Moderator: Alexander Goulandris, Chief Executive Officer, essDOCS Panellists:>> Mark Evans, Managing Director, Transaction Banking, ANZ>> Rebecca Harding, Chief Executive Officer, Coriolis Technologies>> Parm Sangha, GBS Executive Partner, Global Blockchain Leader for Trade and Trade Finance, IBM

14:00-16:00



AGENDA

15:00-15:30

Trade practices: controversy & guidance

Issues to be addressed:>> Guidance Papers: Review and assess existing and future requirements>> Practical guidance to reducing discrepancy rates

Moderator: David Meynell, Senior Technical Advisor, ICC Banking Commission and Owner, TradeLC AdvisoryPanellists:>> Pavel Andrle, ICC Czech Republic Secretary of Banking Commission and Trade Finance Trainer & Consulant>> K. Nizardeen, Member ICC Banking Commission Executive Committee and Head of Transaction Banking FIB>> John Turnbull, Chair ICC UK Banking Committee and Executive Advisor ABC International Bank PLC

14:45-15:30

Are we now looking at a new trade finance ecosystem? Is the market prepared?>> How do corporates see the value proposition of new solutions versus existing ones in improving their business? Does more need to be done to take clients on the ‘innovation journey’?>> As more banks continue to aggressively pursue blockchain projects does more attention need to be paid to other areas of technology and how they can benefit their customers?>> Considering the extent to which the ongoing announcements of blockchain consortia and increased collaboration across banks and fintechs are helping bring the industry closer together to tackle issues>> Should banks be doing more to encourage clients to embrace the potential benefits of AI and RPA in addressing regulatory compliance issues, dealing with customers and combatting fraud?>> Successes and failures in encouraging innovation and creativity: What has worked? What has not? And what have been the lessons learned?

Moderator: Katharine Morton, Head, Trade, Treasury & Risk, Trade and Export FinancePanellists:>> Luca Corsini, Global Head of Global Transaction Banking,UniCredit>> Ashraf Mahate, Chief Economist, Trade & Export Market Development, Dubai Exports>> Aditya Menon, Chief Executive Officer, Tallyx>> Adrian Rigby, Chief Operating Officer, Global Trade and Receivables Finance, HSBC


AGENDA

16:00-17:30


15:30-16:00

Coffee Break

STREAM 1

Rules and opinionsBALLROOM A

STREAM 2

Market disruptionsBALLROOM B

16:00-17:30

ICC rules for the experts: draft official opinions of the Banking Commission

Presented by:>> David Meynell, Senior Technical Advisor, ICC Banking Commission and Owner, TradeLC Advisory>> Glenn Ransier, Technical Advisor, ICC Banking Commission and Product Manager, Global Standby Letters of Credit and Demand Guarantee, Wells Fargo >> Kim Sindberg, Technical Advisor, ICC Banking Commission and Executive Advisor, Nordea

16:00-16:45

The changing face of trade finance fraud>> The manipulation of transport documents—recent trends>> Buyers and Sellers at risk—examples, prevention and response>> Websites and trade finance frauds >> UCP600 and fraud>> The risk to banks Trade-based money-laundering>> Looking ahead to new forms of fraud or new risks, as trade finance evolves

Presented by: Pottengal Mukundan, Director, ICC Commercial Crime Services and Michael Howlett, Deputy Director, ICC Commercial Crime Services.

16:45-17:30

Facing the new challenges in cybersecurityIt has been reported that banks receive in the region of 50 000 phishing attempts and cyber-at-tacks on a daily basis, putting huge pressure on their internal processes and their malware programmes, constituting a multi-million invest-ment in the case of some banks. This instructive session will bring together Chief Information Security Officers (CISO) and other leading experts to share their expertise on how best to meet the new challenges of cyber-crime head on.

Interviewer: Jeff Ando, Director, Global Trade Review (GTR)Panellist:>> Mark Parr, Global Director of IT, HFW

17:30-17:40

Summary of ICC Banking Commission Technical Meeting—Limassol 2020

17:40-18:00

Prize Draw

18:00

Closing Remarks

18:15-20:00Closing Cocktail sponsored by GTR and China Systems Venue: TBA

Partnering with ICC demonstrates your commitment to setting global standards and best practices, while getting visibility with the major decision-makers in business and policy.

For more information, contact: [email protected]

To learn about our opportunities, visit: www.iccwbo.org/about-us/partnerships

AGENDA


REGISTRATION FEESThe registration fee includes participation to the welcome cocktail, entry to the opening ceremony, gala dinner, plenary meeting programme, exhibition, lunches, coffee breaks, and welcome kit. Travel and hotel expenses are not included.ICC Members: €350 Non-Members: €650 Registration deadline: 27 March, 2020.

HOW TO REGISTEREasier and faster: register online (secured payment by credit card or PayPal) at https://2go.iccwbo.org/icc-banking-commission-annual-meeting.html Registration will be confirmed upon the completion of the online registration form and registration fees.

THE WORLD’S ESSENTIAL RULE-MAKING BODY FOR THE BANKING INDUSTRYWITH 85 YEARS OF EXPERIENCE AND MORE THAN 600 MEMBERS IN +100 COUNTRIES, THE ICC BANKING COMMISSION — THE LARGEST COMMISSION OF ICC, THE WORLD BUSINESS ORGANISATION — HAS RIGHTLY GAINED A REPUTATION AS THE MOST AUTHORITATIVE VOICE IN THE FIELD OF TRADE FINANCE.

RULES We produce universally accepted rules and guidelines for international banking practice. The UCP 600 are the most successful privately drafted rules for trade ever developed.

POLICY-MAKINGWe support policy makers to translate their vision into concrete programmes and regulations to enhance business practices throughout the world

PUBLICATIONS AND MARKET INTELLIGENCEThe industry’s most reputable and reliable source of guidance to bankers and industry practitioners.

DISPUTE RESOLUTIONTogether with ICC’s International Centre for ADR we administer the ICC Rules for Documentary Instruments Dispute Resolution Expertise (DOCDEX).

EDUCATION AND CERTIFICATIONICC has recently launched the ICC Academy a professional-education initiative aimed at setting a new standard for professional education and enhancing the expertise of practitioners across a wide range of business sectors. The ICC Academy’s offering will draw on the expertise of the ICC Banking Commission with a faculty in banking, including in the region of 70 online courses and three global certificates in trade finance.

SPECIALISED TRAININGS AND EVENTSIn addition to its bi-annual summits gathering 600+ international delegates, we organize regular seminars and conferences around the world.

STRATEGIC PARTNERSHIPS Well-established collaboration with leading policy makers and trade association, including WTO (World Trade Organization), ADB (Asian Development Bank), Berne Union, EBRD (European Bank for Reconstruction and Development), IDB (Inter-American Development Bank), IFC (International Finance Corporation), IMF (International Monetary Fund), SWIFT, the World Bank and others.

In 2017 ICC was granted Observer Status at the United Nations General Assembly (UNGA), the first time a private sector organisation has been admitted formally into the United Nations system.

ICC BANKING COMMISSION

33-43 AVENUE DU PRÉSIDENT WILSON

75116 PARIS, FRANCE

WWW.ICCWBO.ORG

https://2go.iccwbo.org/icc-banking-commission-annual-meeting.html

dubai 2020 · 2019-12-15 · agenda icc banking commission dubai 2020 1. insight 3. influence gain...

Documents