BAFT News and Press Releases

Please direct all media inquiries to Blair Bernstein (Public Relations) or Gregory Kramer (General Communications).

BAFT 2016 Annual Review

by User Not Found | Sep 12, 2016
2016 BAFT Annual Review is now available to <a href="https://baft.org/docs/default-source/member-update-docs/final-2016-annual-report.pdf?sfvrsn=2">view online</a>.
2016 BAFT Annual Review is now available to view online. BAFT has worked on many different initiatives on behalf of its members and the industry. You’ll find a summary of the many initiatives undertaken over the past year, and many that are still in flight, including:
  • Launch of the Innovation Council
  • Publication of Standard Definitions for Supply Chain Finance Techniques
  • Launch of the Future Leaders Program
  • Continued engagement in de-risking and financial crime dialogue
  • FATF 16 best practices guidance paper, Best Practices and Guidance: Formatting Payments and Handling Inquiries Related to FATF Recommendation 16
  • Sanctions Guidance on Shipping Issues Related to Financial Products
  • Comment letters on regulatory approach to innovation
  • Successful re-authorization of the U.S. Export-Import Bank
  • FATCA guide and sourcing fee matrix
  • Engagement in Federal Reserve Faster Payments Task Force
  • Advocacy on Article 55, Basel and more
For more details on each of these initiatives, we invite you to read the Annual Review.