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 and FSR Support Ex-Im Bank Reauthorization

by Patrick Devilbiss | Jul 03, 2014
BAFT and the Financial Services Roundtable (FSR) issued a joint letter to the Honorable Jeb Hensarling. Read the complete joint letter and background brief.

BAFT and FSR Support Ex-Im Bank Reauthorization

BAFT and the Financial Services Roundtable (FSR) issued a joint letter to the Honorable Jeb Hensarling, Chairman of the Committee on Financial Services and the Honorable Maxine Waters, Ranking Member of the same committee in the US House of Representatives expressing a strong support for reauthorizing the Export-Import Bank of the United States.
 
Key Points in Support of Ex-Im Bank Reauthorization Include:

  • Ex-Im Bank contributed to the recovery of trade finance markets during the economic crisis. It continues to increase the availability and affordability of trade finance.
  • Ex-Im Bank plays a vital role in international trade by filling the gaps in trade financing that cannot be provided in the private sector. Ex-Im Bank complements rather than competes with private sector lenders.
  • Ex-Im Bank leads to job creation and helps sustain global competitiveness in trade.
Read the complete joint letter and background brief. For additional information, please email info@baft.org.