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Current Issues


We serve as the industry’s voice before multilateral agencies, export credit agencies, finance ministries, central banks and legislative bodies. We collaborate around the world with other industry groups and trade associations. As a member of BAFT, we represent you in continually striving to:

  • develop international standards such as the “Master Participation Agreement” for trade risk
  • support the “national treatment” of financial firms in the markets where they do business
  • promote the harmonization of financial services regulation and supervision between countries
  • coordinate with private and public sector stakeholders to ensure that governments, multilateral agencies, and leading policymakers around the globe have substantive feedback and reliable data on market dislocations and industry trends
  • Advocate for the positive consideration of trade finance and transaction banking under the Basel capital and liquidity framework
  • Use common Trade Finance Definitions to standardize industry/regulatory terminology and facilitate prioritization of trade risk in sovereign events
  • Ensure the continuation of benefits afforded companies via ECA financing

Policy News

BAFT-IFSA Highlights Trade Finance Impact from Basel III Leverage Ratio

by Patrick Devilbiss | Oct 01, 2013
On September 20, BAFT-IFSA issued its response to the June 2013 Basel Committee consultation on a revised Basel III leverage ratio calibration. Click here to read the paper

On September 20, BAFT-IFSA issued its response to the June 2013 Basel Committee consultation on a revised Basel III leverage ratio calibration. The letter emphasized the need to adjust the credit conversion factors (CCF) for trade finance instruments to avoid potential unintended consequences emanating from the proposal for downstream clients of financial institutions.
Click here to read the paper