ITFA seminar on eID for trade finance
Afore Consulting is proud to partner with the International Trade and Forfaiting Association (ITFA) in a discussion on the evolution of financing and shipping of cargo globally, as well as the growing importance of introducing digital documentation into these global transactions.
The digital recognition and authentication of trade-related documents such as Bills of Lading are common place in Asia, the UK and other parts of the world but this is not the case in the EU. EU legislation already provides for legal documents signed electronically to have equal legal status as paper documentation but in practise this is not so in the Member States.
If there was a greater use and acceptance of digital documentation in the EU, the process of importing and exporting goods would be smoother and would open a wider range of financing options for international trade.
This invitation-only event brings together a select group of trade experts. The discussion will focus on the technological developments in the market and how the rest of the world is evolving, and will suggest how small changes to the eIDAS Regulation covering e-signatures and electronic identification can unlock Europe’s potential as an exporting region, as well developing international standards on the digital recognition of trade-related documents.
To register or for any other information, please contact constantine.arvanitis@aforeconsulting.eu
Date
- Expired!
Time
Organiser
Nickolas Reinhardt
Phone
+32475330039Director
Other Organizers
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Constantine Arvanitis
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Email
Constantine.Arvanitis@aforeconsulting.eu -
Consultant
Speakers
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André CastermanManaging Director, Casterman Advisory and Member of ITFAAndré Casterman is the founder of Casterman Advisory which advises fintechs and financial institutions on trade finance, capital markets and digital asset technologies. André spent 24 years at SWIFT, leading various innovations in the inter-bank payments, corporate treasury, and trade finance markets. During that time, he established an institutional partnership between SWIFT and the International Chamber of Commerce (ICC) and created the first digital trade settlement instrument embedding smart contract capabilities. André is a Board Member at the International Trade and Forfaiting Association (ITFA) and chairs its Fintech Committee with a focus on helping banks digitise trade finance activities and attract institutional investors to this new asset class. André is a non-executed director with several technology companies.
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Lars HansénHead of Strategy, B.Sc. Business & Administration, Member of ITFA
Extensive professional experience as Chief Risk Officer and various positions as CEO in IT and finance companies
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Sean EdwardsChairman of the International Trade & Forfaiting Association (ITFA)Sean Edwards is an English lawyer, formerly with Clifford Chance, and is now Head of Legal at SMBC Bank International plc, part of the Sumitomo Mitsui Financial Group.
He has a commercial role as Special Adviser to the Trade Finance Department of the bank and is a member of the bank’s Trade Innovation Unit.
Sean is Chairman of the International Trade & Forfaiting Association (ITFA).
He is one of the principal draftsmen of the Uniform Rules for Forfaiting (URF), a joint initiative of ITFA and ICC. The URF is the only set of international rules on any form of receivables finance to be recognised by UNCITRAL.
Sean was also a member of the drafting group for the Standard Definitions for Techniques of Supply Chain Finance published by ITFA, ICC, FCI, BAFT and the EBA.
He is a former member of the Executive Committee of the ICC Banking Commission and led a work-stream on the ICC Working Group on Digitalisation in Trade Finance.
Sean is a member of the World Trade Organisation (WTO) Trade Finance Expert Group.
He is a non-executive director of KomGo S.A.
Sean has written articles on trade finance, particularly on different forms of receivables finance, for all the major trade finance magazines and is on the editorial board of Global Trade Review (GTR). He is a frequent presenter at trade finance conferences dealing with a range of subjects.