Workshop: 'Understanding Trade Finance'

Description

A unique and highly focused half-day workshop for trade, commodity and export finance professionals of all levels − either looking to revise and build on existing knowledge or for new entrants to the market to understand vital parameters of the business.

This workshop will cover four central areas: plain vanilla trade finance and documentation; structured trade, commodity and export finance; trade credit insurance; and legal issues central to trade finance.

Our four trainers are highly recognised senior trade finance leaders in their field, known for their expertise, experience and market foresight. There will be unprecedented opportunities to interact with the trainers and question them on all aspects of the market.The workshop will take place at The Grand Hyatt, Singapore, on September 9, a day after Exporta’s 3rd Annual Asia Trade & Export Finance Conference 2011 and includes a lunch afterwards. The workshop is bookable separately or as part of the wider conference fee.
 

Programme

08.30am Registration and refreshments

09.00am Plain vanilla trade finance and documentation
Gabriel Sham, Vice-President, Trade Advisory, J.P. Morgan Treasury Services

• What trade finance means to sellers and buyers
• Traditional roles of banks in providing trade finance – risk mitigation, financing and facilitation
• Letters of credit and a highlight of applicable rules
• Documentary collections and a highlight of applicable rules
• Guarantees and standby credits and a highlight of applicable rules

09.45am Structured trade, commodity and export finance
David Barnes, Managing Director, DB Consulting & former senior international trade finance banker

• Structured commodity finance – some key products
• Understanding pre-export and pre-payment finance: differences and case studies
• Collateral management finance: freeing up capital in stock; how it works; benefits and pitfalls
• Borrowing base finance: how it works; who it benefits and why; industries where it is principally found

10.30am Refreshment break

11.00am Trade credit insurance and marine cargo insurance
Freddie Lim, Managing Director, Gallagher Singapore

• Understanding the interrelationship between trade finance and insurance practices in connection with marine cargo insurance
• The various types of trade finance and how they influence the type of marine cargo insurance coverage for cargo shipments
• Understanding the interrelationship between trade finance and insurance practices in connection with trade credit insurance
• The various types of trade finance and how they influence the type of trade credit insurance coverage required for trade financing

11.45am Legal issues in trade finance
Dan Marjanovic, Partner, Norton Rose

• Introduction to strucured trade finance (STF) and commodity trade finance (CTF) – more commonly known as warehouse financing
• Highlighting legal differences between STF and CTF
• The purpose of structures and types of structures commonly used in STF and CTF transactions in risk mitigation
• An introduction to types of security (including the different legal systems in Asia)
• Applying security to structures
• Other relevant contracts and key legal issues to look out for
• Enforcement issues, with reference to real scenarios

12.30pm Additional question opportunities

13.00pm Lunch

*FSDF will support the trade finance workshop under the Financial Training Scheme (FTS). The training grant is 50% co-funding capped at S$3,000 grant per participant per program whichever is lower, and participants for the workshop must fulfill the below conditions:-
(1) FTS provides grants to the following Singapore based entities (“Grant Applicant”) sponsoring staff for qualifying training programs:
• Financial Institutions; and
• Other entities regulated by The Monetary Authority of Singapore (either licensed or exempted from licensing)
(2) Entities who are significantly involved in supporting financial sector activities (including industry associations or professional bodies) will be assessed for eligibility on a case-by-case basis.
(3) Sponsored trainees have to be executive level staff physically based in Singapore and involved in or supporting financial sector activities. They may be locals or foreigners, either permanent or contract staff, and engaged either on a full or part time basis.
Please note that funding support is not open to all participants. Eligibility for funding will be based on the above criteria.
For more information on the FTS, please see the FTS page.

Event Photos

Programme

08.30am Registration and refreshments

09.00am Plain vanilla trade finance and documentation
Gabriel Sham, Vice-President, Trade Advisory, J.P. Morgan Treasury Services
• What trade finance means to sellers and buyers
• Traditional roles of banks in providing trade finance – risk mitigation, financing and facilitation
• Letters of credit and a highlight of applicable rules
• Documentary collections and a highlight of applicable rules
• Guarantees and standby credits and a highlight of applicable rules

09.45am Structured trade, commodity and export finance
David Barnes, Managing Director, DB Consulting & former senior international trade finance banker
• Structured commodity finance – some key products
• Understanding pre-export and pre-payment finance: differences and case studies
• Collateral management finance: freeing up capital in stock; how it works; benefits and pitfalls
• Borrowing base finance: how it works; who it benefits and why; industries where it is principally found

10.30am Refreshment break

11.00am Trade credit insurance and marine cargo insurance
Freddie Lim, Managing Director, Gallagher Singapore
• Understanding the interrelationship between trade finance and insurance practices in connection with marine cargo insurance
• The various types of trade finance and how they influence the type of marine cargo insurance coverage for cargo shipments
• Understanding the interrelationship between trade finance and insurance practices in connection with trade credit insurance
• The various types of trade finance and how they influence the type of trade credit insurance coverage required for trade financing

11.45am Legal issues in trade finance
Dan Marjanovic, Partner, Norton Rose
• Introduction to strucured trade finance (STF) and commodity trade finance (CTF) – more commonly known as warehouse financing
• Highlighting legal differences between STF and CTF
• The purpose of structures and types of structures commonly used in STF and CTF transactions in risk mitigation
• An introduction to types of security (including the different legal systems in Asia)
• Applying security to structures
• Other relevant contracts and key legal issues to look out for
• Enforcement issues, with reference to real scenarios

12.30pm Additional question opportunities

13.00pm Lunch

Venue

Accommodation

Delegates are responsible for the arrangement and payment of their own travel and accommodation. 

Upon registering to attend this event, Exporta will inform you of how to book accommodation at the venue.

Sponsors

Sponsorship opportunities including exhibition stands are available for this event.

To become a sponsor, please contact Tom Whitehead, Head of Sponsorship Sales at twhitehead@exportagroup.com.

Exporta's events have a global reputation, renowned for superb networking opportunities and educational presentations by high-profile speakers.

Time after time our events attract the leading companies in our market as sponsors.

See below for a full list of our Event Sponsors, Institutional Partners and Media Partners and click on the logo to visit their web site. 

Delegate Packs