To serve as a global forum and rule-making body for banks worldwide, with particular focus on the financing of international trade; and to help policymakers and standard setters create a regulatory framework that facilitates trade finance throughout the world.
Upgrade the ICC Trade Register to establish this data pool as the definitive source of market intelligence for trade finance products for banks, investors and regulators.
Make the “business case” for interventions from governments and regulators to ease the supply of trade finance to the real economy – both in relation to the capital treatment of trade assets and financial crime policies.
Champion reforms to the mandates of export credit agencies to scale support for transactions aligned with global sustainability goals.
Update existing ICC rules/guidelines for the processing of trade transactions, in line with market needs and technological developments.
Support the adoption of digital processes by financial institutions under ICC trade finance rules – including through the development of standardized APIs.*
Philippe Berta, SCCF Structured Commodity & Corporate Finance SA