Module 1: Trade Finance in the Time of the Pandemic
11:30 AM – 11:40 AM EDT (08:30 AM – 08:40 AM PST)
Welcome & Introduction to Module 1: Trade Finance in the Time of the Pandemic
Stacey Facter
Senior Vice President
Trade Products
BAFT
Kristine Siebel
Chair, BAFT North American Standby Letter of Credit/Guarantee Committee
Vice President & Standby Letter of Credit Officer
Société Générale
11:40 AM - 12:30 PM EDT
OFAC Hot Topics
Confusing times? Hear more from OFAC regarding ship-to-ship transfers, port challenges, and problems with transfer of goods across borders.
Speaker
Leonard Frady
Sanctions Compliance and Evaluation Officer
Office of Foreign Assets Control
U.S. Department of the Treasury
12:30 PM - 01:20 PM EDT
Fireside Chat: Disruption to the Economy of a Mega-Region
The impact of COVID-19 on the various industries that drive and support the Los Angeles economy covering the challenges in the physical supply chain, trade hindrances, documentary process and other obstacles in today’s environment.
Host
Walter J. Mix III
Managing Director
Berkeley Research Group
Guest Speaker
Stephen Cheung
Executive Vice President, LA Economic Development Corporation (LAEDC)
President, World Trade Center, LA
01:20 PM - 01:30 PM EDT
Digital Coffee Break
01:30 PM – 2:00 PM EDT
Vessel Tracking, Yes or No?
Against a mounting backdrop of vessel sanctions and new guidelines, with OFAC's May 2020 advisory regarding Illicit Shipping and Sanctions Evasion Practices being the latest, the issue of identifying potentially suspicious vessels and the activity they engage in is undoubtedly complex. Therefore, how can you understand maritime best practice in order to adhere to existing regulation whilst managing and growing a successful trade finance business? This session will examine the latest regulatory requirements, how best to implement them in your day to day operations and how to do so quickly, accurately and effectively.
Speaker
Byron McKinney
Associate Director
Product Management, Maritime & Trade
IHS Markit
02:00 PM - 02:40 PM EDT
ICC Rules in the Time of the Pandemic
A session covering the ICC's response to COVID-19 and the various papers and guidance that have been issued to address trade finance and supply chain finance rules and regulations during the pandemic.
Speaker
Donald Smith
President
Global Trade Advisory, Ltd.
02:40 PM - 03:25 PM EDT
Force Majeure
The Risks and Implications
Speaker
Michael Evan Avidon, Esq.
Partner
Moses & Singer LLP
03:25 PM - 03:30 PM EDT
Module 1 Wrap-Up
Ana Isabel Ramirez
Vice President
Trade and Supply Chain Finance Specialist
City National Bank
Module 2: Operating in a Contingency Environment!
11:30 AM - 11:40 AM EDT (08:30 AM - 08:40 AM PST)
Welcome & Introduction to Module 2: Operating in a Contingency Environment!
Yasmin Kermalli, CDCS
Assistant Vice President
Service Center Coordinator
Bank of America
11:40 AM - 12:25 PM EDT
Digital Trade from SWIFT
Learn more about SWIFT’s global initiative to mitigate the infamous paper friction in global trade - leveraging existing technology, and industry collaboration.
Host
John Baranello
Director & Head of Trade Finance Product Management, Americas
Global Transaction Banking
Lloyd's Bank Corporate Markets
Guest Speaker
David Watson
Head of North America
SWIFT
12:25 PM – 01:40 PM EDT
Digitization Platforms
Demonstrations from a variety of new technology platforms that assist the trade and trade finance industries.
Host
Kristine Siebel
Chair, BAFT North American Standby Letter of Credit/Guarantee Committee
Vice President & Standby Letter of Credit Officer
Société Générale
Demonstrators
essDOCS
Alexander Goulandris
Co-CEO & CRO
essDOCS
Tradelens
Juan-Jose Ruiz
Head of Strategy and Business Development
TradeLens, IBM Industry Platforms
We.Trade
Gilbert Cordier
Product Manager - Digital Trade and Innovation
Société Générale
We.Trade
David McLoughlin
Head of Commercialisation
01:40 PM – 01:50 PM EDT
Digital Coffee Break
01:50 PM – 02:40 PM EDT
Compliance Going Digital
Technological solutions and how banks are partnering with technology for a consistent approach to compliance.
Speakers
Valeria Sica
Managing Director
Global Trade Services Head
Citi
Edward Stoltenberg
Director
AML Risk Management
Citi
02:40 PM – 03:25 PM EDT
The 4 “E’s”
E-Documents, E-Bills of Lading, E-Negotiable Instruments and E-Signatures
Host
Jeremiah Glock, CDCS
Vice President & Trade Advisor
Citi
Guest Speaker
Glenn Ransier
Senior Vice President
Head of Documentary Trade and SBLCs
Wells Fargo Bank
03:25 PM - 03:30 PM EDT
Wrap-Up
Normand Girard, CDCS
Director
Global Trade Operations
BMO Financial Group
Module 3: Processing Change
11:30 AM - 11:40 PM EDT (08:30 AM - 08:40 AM PST)
Welcome & Introduction to Module 3: Processing Change
Francisco Rodriguez, CDCS
Trade Services Consultant
Client Services Consultant – Global Trade Services
Wells Fargo Bank
11:40 AM - 12:40 PM EDT
The Standby Letter of Credit – How an Economic Downturn affects the Standby, what concerns are there in both issuance and drawdowns?
The changes in the issuance process; how do you give notices of non extension; will the LOC be drawn now?
Speakers
Frank Petrassi
Vice President
JPMorgan
Kristine Siebel
Chair, BAFT North American Standby Letter of Credit/Guarantee Committee
Vice President & Standby Letter of Credit Officer
Société Générale
12:40 PM - 01:10 PM EDT
ICC Opinion Updates
A review of finalized ICC Opinions and the discussion at the ICC Banking Commission Meeting in Paris. How are these decisions made?
Speaker
Normand Girard, CDCS
Director
Global Trade Operations
BMO Financial Group
01:10 PM - 01:20 PM EDT
Digital Coffee Break
01:20 PM - 01:50 PM EDT
Document Collections Aval /Protest
Let’s discuss import collections – and what happens when a bank is asked to Aval themselves to a draft or to Protest a Non Payment? What risks are involved?
Speaker
Jeremiah Glock, CDCS
Vice President & Trade Advisor
Citi
01:50 PM - 02:30 PM EDT
Open Account / Supply Chain Finance
A look at the effects COVID-19 has had on the business of Supply Chain Finance, as well as an update of the efforts to provide practitioners guidance by clarifying its common market practices in risk management, documentation, and operational handling.
Speaker
John Baranello
Director & Head of Trade Finance Product Management, Americas
Global Transaction Banking
Lloyd's Bank Corporate Markets
02:30 PM - 03:25 PM EDT
Open Floor Interactive Q&A
Ask those puzzling questions. Bring all the questions you and your office want asked. This group will provide their insights into your situation, and may give you new ideas to try. Remember these are only individual thoughts – not in any way meant to be recommendations for your situation.
Speaker
Mary Ann McCarty
Vice President
PNC Bank, NA
03:25 PM - 03:30 PM EDT
Wrap-Up
Walter J. Mix III
Managing Director
Berkley Research Group