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 Submits Letter to President Obama Urging Action on Ex-Im Bank Board Nominees

    by Patrick Devilbiss | Feb 04, 2015
    BAFT, along with other national associations, submitted a letter to President Obama requesting swift movement on nominations for the Ex-Im Bank’s Board of Directors.

    Read the letter here.
  • BAFT and FSR Support Ex-Im Bank Reauthorization

    by Patrick Devilbiss | Jul 03, 2014

    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.
  • BAFT NSFR Comment Letter

    by Patrick Devilbiss | Apr 11, 2014
    BAFT submitted a comment letter to the Basel Committee on the Net Stable Funding Ratio (NSFR). Full details on the letter can be found at the link below.

    NSFR Letter
  • BIS Releases Report on Trade Finance Developments and Issues; BAFT Contributes to Analysis

    by Patrick Devilbiss | Feb 06, 2014
    On January 31, the Study Group established by the Bank for International Settlements (BIS) Committee on the Global Financial System (CGFS) released a report on the structure and recent evolution of the global trade finance market, and the interplay between changes in trade finance and international trade. In particular, it reviews the available data sources and what they reveal about the size and evolution of the market, sheds light on the performance and impact of trade finance during recent episodes of funding strains in global markets, and examines how ongoing structural changes may affect the market's future resilience. BAFT was one of the private sector organizations consulted in the formation of the report and studies on trade finance markets prepared by BAFT contributed to the analysis by the CGFS.

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  • BAFT Issues a Comment Letter on the US LCR

    by Patrick Devilbiss | Feb 04, 2014
    BAFT has issued a comment letter on the US LCR - details of the comment letter can be found at this link.