It’s once again that special season, where banks from around the world voice their experience and expertise in the ICC Banking Commission flagship trade finance survey.
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For the first time in over 30 years, ICC Banking Commission’s 2017 Technical Meeting was held in London, gathering international experts and close to 250 delegates to discuss key issues affecting the trade finance industry.
Registration is now open for the ICC Banking Commission’s flagship Annual Meeting in Miami, bringing together experts and leading figures from the trade finance industry to discuss the latest trends, challenges and prospects.
Since first launching in 2015, the educational arm of the International Chamber of Commerce (ICC), the ICC Academy, has continued to expand its reach year after year.
In a historic moment, the ICC Uniform Rules for Forfaiting—ICC Publication no. 800 (“URF 800”)—were officially endorsed by the United Nations Commission on International Trade Law (UNCITRAL) in its 50th plenary session held in Vienna on 14 July 2017.
The International Chamber of Commerce (ICC) Banking Commission has released its 2017 report entitled Rethinking Trade and Finance. Based on the Global Survey on Trade Finance – with 255 responses from banks located in 98 countries, as well as insight and commentary from expert contributors – the report is the most comprehensive gauge of the trends and outlook of the global trade finance industry.
The educational arm of the International Chamber of Commerce (ICC), the ICC Academy, has launched an advanced-level e-course entitled “Digital Trade Finance and Fintechs.” The curriculum is aimed at professionals working in banks, corporations, financial institutions, insurance companies and financial technology (fintech) firms.
The ICC Banking Commission has launched a working group to coordinate all work relating to the digitalisation of trade finance. The group aims to help the trade finance industry accelerate its progress towards greater digitalisation.
The International Chamber of Commerce (ICC) has welcomed official recognition of the estimated US$1.6 trillion trade financing gap in the United Nations’ (UN) annual Financing for Development (FfD) review.
Short-term financing is an essential tool to support small business growth and sustainability, yet a growing trade finance shortfall hurts companies and countries that need it the most.