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 Hosts Federal Reserve Bank Call on FRB Consultation Paper

by Patrick Devilbiss | Oct 29, 2013
BAFT-IFSA hosted a call on Monday afternoon, October 28, 2013 with Ken Isaacson of the Federal Reserve Bank to highlight key issues in the FRB consultation paper: “Payment System Improvement”.
Click here to access the paper

BAFT-IFSA hosted a call on Monday afternoon, October 28, 2013 with Ken Isaacson of the Federal Reserve Bank to highlight key issues in the FRB consultation paper: “Payment System Improvement”. Fifty BAFT-IFSA members attended the call. The Fed is seeking responses to questions posed in this paper by  December 13, 2013. BAFT-IFSA facilitated the call to  encourage member banks to review the paper and respond to the Fed on:

  • The Federal Reserve Banks’ perspectives on gaps, opportunities, and desired outcomes articulated in this paper;
  • Potential strategies and tactics to shape the future of the U.S. payment system; and
  • The Federal Reserve Bank’s role in implementing these strategies and tactics.

 Click here to access the paper


Click here to access the Fed’s Consultation Paper Overview