ITFA UNVEILS NEW STANDARDISED DOCUMENTATION FOR BANK AND INSURER CO-OPERATION by Shannon Manders, GTR

Friday, 13 September

GTR reports that ITFA has launched a new master risk participation agreement (MRPA) for unfunded participations in a variety of trade finance transactions where documents like guarantees or surety bonds are used by participants. The document is aimed primarily at the co-operation between banks and insurance companies. According to Silja Calac, ITFA board member and head […]

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TRADE TENSIONS, TECHNOLOGY AND TRANSFORMATION – THE ROLE OF MENA by GTR

Monday, 6 May

GTR and ITFA’s Middle East Regional Committee gathered key players from across Mena’s trade ecosystem to talk about how well the region is faring in a world of trade wars and rapid digital transformation. Participants: Halina Bernard, head of treasury, General Motors Africa and Middle East Maninder Bhandari, director, Derby Group (chair) Rahul Daswani, senior manager, […]

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NEW BAFT MPA’S ABSENT FRAUD CLAUSE: “WE’RE SURE YOU DON’T NEED IT” by Shannon Manders, ITFA Consultant

Friday, 8 March

The removal of the fraud clause from BAFT’s revised and updated English law Master Participation Agreement (MPA) is proving a sticking point for some industry practitioners, who feel that it is important for the document to state that the seller takes full risk. The new MPA, released last year, has no separate provision dealing with […]

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TRADE TENSIONS, TECHNOLOGY AND TRANSFORMATION – THE ROLE OF MENA by GTR

Sunday, 10 March

GTR and ITFA’s Middle East Regional Committee gathered key players from across Mena’s trade ecosystem to talk about how well the region is faring in a world of trade wars and rapid digital transformation. Participants: Halina Bernard, head of treasury, General Motors Africa and Middle East Maninder Bhandari, director, Derby Group (chair) Rahul Daswani, senior manager, […]

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GTR WOMEN IN TRADE FINANCE: REWARDING DIFFERENT TRAITS IN THE WORKPLACE

Tuesday, 15 January

Is the trade finance industry favouring men by rewarding certain behaviours – such as risk-willingness and competitiveness – over others? This is just one of several hypotheses explored by Grace Lordan, associate professor in behavioural science at the London School of Economics, in her study of gender gaps in certain industries. Lordan was invited as […]

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TRADE FINANCE’S NEW MASTER PARTICIPATION AGREEMENT: 5 KEY CHANGES by Shannon Manders, GTR Editor

Friday, 14 September

The Bankers Association for Finance and Trade (Baft) has revised and updated its English law master participation agreement (MPA) to drive further standardisation in trade transactions and meet the “modern-day requirements” of the industry. The new MPA, or master risk participation agreement (MRPA) as it deals with risk, comes a decade after the release of […]

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ROUNDTABLE: TRADE LEADERS TALK AFRICA’S FINANCE GAP by Shannon Manders, GTR Editor

Friday, 14 September

The African Development Bank (AfDB) estimates an unmet demand for bank-intermediated trade finance in Africa of between US$110bn and US$120bn. GTR gathered a group of the continent’s trade leaders to talk about the consequences, the role of regulation and the innovation that Africa needs to address the issue. Roundtable participants •Michael Dean, managing director, head […]

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EXCLUSIVE INTERVIEW: AFREXIMBANK PRESIDENT UNVEILS NEW INITIATIVES AND THOUGHTS ON AFRICA’S TRADE FINANCE GAP – Shannon Manders, GTR Editor

Monday, 4 June

Off the back of the signing of the African Continental Free Trade Area (AfCFTA), Shannon Manders, GTR Editor, caught up with African Export-Import Bank (Afreximbank) president Benedict Oramah to discuss initiatives that the bank will soon be launching, and to hear his views on how best to address Africa’s trade finance gap. GTR: Africa’s trade finance […]

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