The International Chamber of Commerce (ICC) 10th annual Global Survey shows that 60% of banks are moving towards greater digitalisation, though only 9% say technology solutions have so far increased efficiency.
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Featuring in-depth discussions on issues from global financial regulation to innovation in supply chain management, the ICC Banking Commission’s 2018 Annual Meeting concluded Friday, opening up further avenues for collaboration in the trade finance industry.
In case you couldn’t make it to Miami – or were running from one meeting to the next – here are three takeaways from the first day of the ICC Banking Commission’s 2018 Annual Meeting.
The ICC Banking Commission’s Annual Meeting kicks off this week in Miami at a time of historic uncertainty for the international rules-based trading system.
The low credit risk level of trade and export finance products continues to compare favourably to that of similar asset classes, shows the 2017 ICC Trade Register.
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.
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.
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 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.