Felaban annual meeting baft ifsa and felaban building global bridges for the banking industry
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FELABAN Annual Meeting BAFT-IFSA and FELABAN: BUILDING GLOBAL BRIDGES FOR THE BANKING INDUSTRY PowerPoint PPT Presentation


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FELABAN Annual Meeting BAFT-IFSA and FELABAN: BUILDING GLOBAL BRIDGES FOR THE BANKING INDUSTRY. Punta del Este, Uruguay November 10, 2010. Rita Gonzalez Vice Chair, BAFT-IFSA Board of Directors Managing Director and Head of GTB Institutional Sales HSBC Securities USA.

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FELABAN Annual Meeting BAFT-IFSA and FELABAN: BUILDING GLOBAL BRIDGES FOR THE BANKING INDUSTRY

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Felaban annual meeting baft ifsa and felaban building global bridges for the banking industry

FELABAN Annual MeetingBAFT-IFSA and FELABAN: BUILDING GLOBAL BRIDGES FOR THE BANKING INDUSTRY

Punta del Este, Uruguay

November 10, 2010


Baft ifsa and felaban building global bridges for the banking industry

Rita Gonzalez

Vice Chair, BAFT-IFSA Board of Directors

Managing Director and

Head of GTB Institutional Sales

HSBC Securities USA

BAFT-IFSA and FELABAN: BUILDING GLOBAL BRIDGES FOR THE BANKING INDUSTRY

FELABAN Annual Meeting--Uruguay


Who we are

Who we are

  • Over 200 members worldwide (majority non-U.S.)

    • Africa

    • Asia

    • Europe

    • Latin America

    • Middle East/North Africa

    • North America

  • Global, regional, local banks, import/export firms, service suppliers, law firms with banking and trade practices

  • FELABAN Annual Meeting--Uruguay


    What we do

    What we do

    • BAFT-IFSA provides advocacy, education and community – building opportunities for financial services institutions and suppliers around the globe. It is the leading forum for analysis, discussion and action amongst international financial professionals on a wide range of topics affecting transaction banking, including trade finance, payments, and compliance.

    FELABAN Annual Meeting--Uruguay


    Our focus

    Our Focus

    • Transaction Banking

      • Trade

      • Payments

      • Cash

      • Disciplines--compliance, risk management, operations, technology, legal, regulatory – in support of product areas

    FELABAN Annual Meeting--Uruguay


    Our value proposition

    Our Value Proposition

    • Cooperative Agreement with FELABAN

    • Improve member profitability and efficiency

    • Dialogue with policy makers and regulators

    • Representation and updates on policy , regulatory issues and market trends

    • Establish best practices, industry guidelines, and standards; benchmark industry performance

    • Educate to improve member skill sets

    • Provide forum for discussions on industry trends

    FELABAN Annual Meeting--Uruguay


    Member activity

    Member Activity

    • Members participate through --

      • Regional Councils

        • BAFT-IFSA Latin America Council and FELABAN

      • Committees

      • Working Groups / Task Forces

    FELABAN Annual Meeting--Uruguay


    Products and services three pillars

    Products and Services – Three Pillars

    • Education

    • Advocacy

    • Community

    FELABAN Annual Meeting--Uruguay


    Industry leadership

    Industry Leadership

    • Dialogue with key leaders and stakeholders

      • Central Bankers, Regulators, Legislators

      • Export Credit Agencies

      • Multilateral Entities--WTO, World Bank, IMF, IFC, MDBs

      • Market Infrastructures

    • Position papers, comment letters

    • Benchmark surveys on global markets

    • Strategic advocacy / educational campaigns

    FELABAN Annual Meeting--Uruguay


    Priorities and achievements

    Priorities and Achievements

    • Global and Regional Footprint

    • Industry Influence

    • Standards

    FELABAN Annual Meeting--Uruguay


    Key global initiative basel ii iii

    Key Global Initiative:Basel II / III

    • CHALLENGE: Basel Committee capital and liquidity recommendations

      • unintended, adverse consequences

      • particularly harmful to SMEs, emerging markets

    • RESPONSE:

      • Comment letters representing industry worldwide

      • Educational publications / media outreach

      • Meetings with key regulators on workable solutions

      • Collaborative advocacy—cross-sector industry letter

        • international and national banking associations, industry groups

    FELABAN Annual Meeting--Uruguay


    Key global initiative advocacy on solutions to global crisis

    Key Global Initiative:Advocacy on Solutions to Global Crisis

    • CHALLENGE: Global economic crisis / trade finance market dislocations

    • RESPONSE:

      • Global forum

        • Educate major stakeholders (governments, ECAs, private credit insurers, multilateral agencies, banks)

        • Build consensus on resolving the crisis

      • Benchmark surveys with IMF on market dislocations

      • Position paper recommending solutions

      • Industry voice with G-20, WTO, multilaterals, policymakers, thought leaders

    FELABAN Annual Meeting--Uruguay


    Key global initiative baft ifsa imf global trade finance survey

    Key Global Initiative: BAFT-IFSA/IMF Global Trade Finance Survey

    • CHALLENGE: G-20, regulators, and industry need data on market dislocations

    • RESPONSE: BAFT-IFSA / IMF global survey results--

      • Trade finance activities stabilizing and demand-driven

      • Larger banks more affected by credit-constraints

      • Change in pricing mixed, but among factors affecting pricing, institutions’ own increased cost of funds are less of a factor

      • Basel II has adverse affects

    • SURVEY CIRCULATED BY FELABAN FOR BAFT-IFSA / IMF

      • Responses due by November 26

      • New questionnaire results out by January 2011

    FELABAN Annual Meeting--Uruguay


    Key global initiative kazakhstan crisis

    Key Global Initiative: Kazakhstan Crisis

    • CHALLENGE: Kazakhstan Banking Sector Crisis

    • RESPONSE:

      • Coordinated communication and education on international norms for trade finance treatment

      • Organized industry response on regional impact

      • Advocacy Campaign

        • Prime Minister, President , Central Bank, Cabinet, diplomats

        • Organize coalition for letter to Kazakh leaders

        • International Media

    FELABAN Annual Meeting--Uruguay


    Key global initiatives master participation agreement

    Key Global Initiatives: Master Participation Agreement

    • CHALLENGE: Industry lacked master risk participation agreement for trade finance; inefficiencies in negotiating bilateral agreements

    • RESPONSE:

      • Master Participation Agreement (MPA) -- industry standard for trade risk participations -- English law

      • New form of MPA to address “true sale” accounting treatment under U.S. accounting principles -- New York law

      • BAFT-IFSA Legal Advisory Group--expert drafting group

      • Educate banks and regulators via webinar on benefits

    FELABAN Annual Meeting--Uruguay


    Key global initiatives transaction banking global leaders

    Key Global Initiatives: Transaction Banking Global Leaders

    • Senior leadership of largest transaction banks

    • Influential voice amongst stakeholders and industry

    • Focus on major industry issues

    • Drive discussion between industry stakeholders and regulators

      • Fraud -- Global information exchange

      • Global payments screening

    FELABAN Annual Meeting--Uruguay


    Key global initiatives global trade industry council

    Key Global Initiatives: Global Trade Industry Council

    • Thought leadership for the international trade community

    • Focus on standards development, rules, universal tools and systems through advocacy and education

    • Assess industry needs and trends to advance advocacy and education

    FELABAN Annual Meeting--Uruguay


    Key global initiatives standards

    Key Global Initiatives: Standards

    • “Ask the Experts” - documentary credit rules, global payments and trade, KYC/AML compliance standards

    • Master Participation Agreement

    • Fraud and Utilities Initiatives (Transaction Bankers Global Leaders)

    • Supply Chain Group collaboration -- standard definitions for open account transactions

    • Council and committee collaboration on standard terms of reference for trade finance

    • Africa Payments Infrastructure Initiative

    • Certified Documentary Credit Specialist (CDCS)

    • Interbank Compensation Rules (updated 2010)

    • Wire Transfer Extended Remittance Information

    FELABAN Annual Meeting--Uruguay


    Global voice newsletter

    Global Voice Newsletter

    FELABAN Annual Meeting--Uruguay


    On the horizon

    On the Horizon

    • Global Economic Recovery

      • Rebalancing of global trade -- South-South dominance

      • Benchmarking surveys for industry and policymakers

      • Public- / private- partnerships continue

      • Collaboration with industry groups to spur full recovery

      • KYC/AML costs affect “return to normal” and emerging markets

    • Basel II / III

      • Trade finance capital treatment / liquidity

      • Politics of implementation (global and national)

    • Emerging markets

      • Regulatory harmonization

      • “Cash is king”

    FELABAN Annual Meeting--Uruguay


    Felaban annual meeting baft ifsa and felaban building global bridges for the banking industry

    • April 10 – 13, 2011

    • BAFT-IFSA Annual Meeting

    • Palm Springs, California

    Join Us

    FELABAN Annual Meeting--Uruguay


    Felaban annual meeting baft ifsa and felaban building global bridges for the banking industry

    Thank you

    www.baft-ifsa.com [email protected]

    FELABAN Annual Meeting--Uruguay


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