(New York and London) – International law firm Sullivan has advised international financial services association BAFT (the Bankers Association for Finance & Trade), together with ITFA (the International Trade and Forfaiting Association), on the updated New York law Master Participation Agreement (NY MPA) and associated usage guidelines, published yesterday. The original NY MPA, drafted almost […]
Listen to this podcast on Spotify, Apple Podcasts, Podbean, Podtail, ListenNotes, TuneIn, PodChaser Season 1, Episode 29 Host: Mark Abrams, Head of Trade, Trade Finance Global Featuring: Steve Lotito, Managing Director & Head of Trade Finance-North America, Transaction Banking at MUFG Board of Directors, BAFT TFG caught up with Steve Lotito, Managing Director & Head […]
Development banks step up. Listen to our podcast with Steven Beck, Head of Trade Finance at Asian Development Bank, discussing state aid and support to FIs and banking partners in response to the COVID-19 crisis. Listen now.
In a global emergency, international trade may slow but it must not stop. Even as COVID-19 reveals the shortcomings of a paper-based trade system, financial institutions (FIs) are finding ways to keep trade circulating. How are they doing it?
WASHINGTON — BAFT, an international financial services association, recently announced the publication of BAFT’s Global Trade Industry Council Payables Finance Principles to inform the industry on the payables finance supply chain finance product. Members of BAFT’s Global Trade Industry Council (GTIC), which consists of heads of trade from 19 of the largest trade banks in the world, […]
WASHINGTON — BAFT, the leading international transaction banking association, announced today the formation of its Global Payments Industry Council (GPIC). The GPIC’s primary purpose is to set BAFT’s strategic agenda with respect to global payments and to ensure proper alignment of BAFT’s payments committees and working groups.