GTR Asia - Trade, treasury, commodities and fintech conference

With less than a week to go, excitement is building for #GTRAsia 2024! Join us next week in #Singapore, on September 3-4, where over 1,300 delegates will converge for a landmark event in #trade, #commodity, #treasury, and #fintech markets. This year’s programme features more than 100 top-notch speakers offering cutting-edge insights into the latest industry trends and developments. Global Trade Review (GTR) is thrilled to mark a milestone of 15 years of GTR Asia, providing innovation, insight, and invaluable connections in the trade and finance sectors. Don’t miss your chance to network with representatives from over 500 companies, including professionals from local and international banks, multinational corporations, fintech innovators, commodity brokers, insurers, and more. Scroll the latest list of registered companies to discover who you’ll meet and what’s in store at this unmissable event! 🎙️ View the event programme: https://lnkd.in/eZi9ZcWz 👉 Register to attend: https://lnkd.in/eMMzfR7h 📅 Add to calendar: https://lnkd.in/eXxPU7w7 🤝 Join the online event community: https://lnkd.in/eeSdMDVx

🚀 Get ready for the GTR Ventures Tradetech Showcase 2024 at GTR Asia! Now a staple event of GTR Asia, the Tradetech Showcase is your chance to witness cutting-edge #fintech innovations transforming the world of trade finance. 🌐 From innovative solutions to groundbreaking capabilities, fintech companies from around the globe will take the stage to present their vision to a diverse audience of #bankers, #corporates, #investors, #regulators, and more. 🎤 Event Highlights: Opening Remarks by Sin Yong Loh (IMDA) Showcase Presentations: Jackie Tan (BorderDollar) Thibault Danjou (eexpand.) Andie McKeown CMILT (LogChain) Greg P. & Desmond Hakim (Havona Technology) Q&A with Expert Judging Panel: Moderated by Grishma Kewada (Coface) with panelists Ankit Sethi (Right Mile Ventures), Victor Chua (Vynn Capital), and Kathirgugan Kathirasen (FMT News). 🏆 The winner of this dynamic showcase will be announced just before lunch on Day Two. Don't miss the chance to see who will lead the charge in transforming global trade! 📅 Mark your calendars for September 3-4 at GTR Asia 2024! 👉 Register to attend: gtreview.com/gtrasia #GTRAsia #Tradetech #Fintech #Innovation #TradeFinance #GTRVentures #TradeInnovation

Recent years have seen a profound transformation across the global financial landscape, particularly reflected in the growth of digital assets, from the deployment of Central Bank Digital Currencies (#CBDCs) by a number of countries to the exploration by the banks in establishing #DigitalTradeTokens (#DTTs). Emblematic of a broader movement towards a more efficient, frictionless digital infrastructure, many feel #tokenisation has a crucial role to play in addressing financing challenges in the #supplychain, particularly for #SMEs, and in shaping the future of #internationaltrade, cross-border payments and global financial integration. 💭But what are the inherent risks of these exciting developments? Join Sonia Lim (Simmons & Simmons), Lucy Wong (Bank for International Settlements Innovation Hub), Steven Hu (Standard Chartered Bank), and Filipe Pohlmann Gonzaga (Bryce SA) at #GTRAsia as they seek to get to the heart of this potentially transformational development, addressing the following: 💼 Assessing the key advantages of tokenisation over traditional trade financing methods, particularly for SMEs, including faster access to financing, lower costs, and increased transparency. 🤝 How crucial is the establishment of a common framework of standards and collaboration in avoiding fragmentation and the emergence of 'walled gardens'? 🌐 To what extent could digital trade platforms interact with digital assets/tokens to facilitate trade payments? Is there sufficient interoperability across the market? 🔒 What are the implications for privacy, human rights, cybersecurity, and financial inclusion as fiat currencies become more intertwined with technology? 🧩 A solution in search of a problem? To what extent could political concerns over CBDCs in particular derail progress in tokenisation? Register to attend GTR Asia to explore these topics and more! Visit gtreview.com/gtrasia or contact [email protected] to join over 1,300 representatives from #trade, #commodities, #treasure and #fintech markets.   #DigitalTrade #TradeFinance #Fintech #SMEs #GlobalFinance #ICCDSI

With the digitalisation of global supply chain routes becoming a key priority, the United Kingdom is leading a series of pilot programs in Southeast Asia to promote the use of electronic transferable records. The UK-Southeast Asia Trade Digitalisation Pilot builds on the success of the first fully digitalised goods shipment, which arrived in Singapore from the UK in September 2023 following the UK's ratification of the Electronic Trade Documents Act. This address and subsequent high-level panel discussion will offer insights on these exciting initiatives, which strive to further develop the scope and efficiency of digitalised cross-border trade through greater collaboration with the private sector, highlighting key aims and objectives – from prioritisation of quantitative data to pinpointing barriers to digitalisation – and launching the #UKGovernment’s report on digitalised pilot shipments between the #UK, #Singapore and #Thailand. Speakers: » Martin Kent (UK Department for Business and Trade)  » Andie McKeown (LogChain) » Louise Beazor (British Chamber of Commerce Singapore (BritCham) » Simon Middlebrough (Singapore Aero Engine Services Private Limited (SAESL) » Zak Lawton (British Embassy Bangkok) » Nimisha Tailor (E-nomics) Don’t miss this chance to engage with industry leaders and explore the future of trade digitalisation at #GTRAsia in #Singapore on September 3-4! 🎙️ View the event programme: https://lnkd.in/eZi9ZcWz 👉 Register to attend: https://lnkd.in/eMMzfR7h 📅 Add to calendar: https://lnkd.in/eXxPU7w7 🤝 Join the online event community: https://lnkd.in/eeSdMDVx #TradeFinance #SupplyChain #Digitalisation #CrossBorderTrade #ElectronicRecords #GlobalMarkets #Networking #BusinessRelationships

We’re thrilled to partner with the Asian Development Bank (ADB) for an essential session at #GTRAsia on September 3, focusing on how we can create #climatesmart #trade and #supplychains. Agenda Highlights: 🔹 Opening Remarks: Steven Beck (ADB) and Nathalie Louat (IFC - International Finance Corporation) will discuss the rising global concern over #climatechange, the need for the financial sector to play a proactive role in integrating #ESGstandards in supply chains, and the Reference note on Sustainable Trade Finance. 🔹 Climate Tagging and ESMS Panel: Dive into climate tagging initiatives, Environmental and Social Management Systems (#ESMS), and hear from experts Neha Noronha (ADB), Tran Hoai Phuong (HDBank), Patrick Tan (RGE), Roberto Leva (ADB), Sameer Khan (DBS Bank), and Kanchuya Sukdheva (Climate Smart Ventures) on their experiences and strategies for climate-positive trade. 🔹 ISSB Reporting and Traceability: Discover new #ISSB reporting standards with Patrik Jonasson (GS1) and Indradi Soemardjan (ADB), exploring their potential for enhancing climate transparency and compliance within supply chain. Join us in #Singapore from September 3-4 this pivotal discussion. Visit gtreview.com/gtrasia or contact [email protected] to secure your place. #SustainableTrade #ClimateSmartFinance #TradeFinance #SustainableBusiness #ClimateSmartVentures #SupplyChainInnovation #FinanceForGood #ADB #SustainableDevelopment

LEIs have been identified as a foundational requirement for future digitalised trade, as part of the increasing need to achieve greater visibility across global #supplychains in order to meet #sustainability goals. Despite this, a recent report highlighted that the #LEI remains underutilised in cross-border trade, with adoption rates in the business community ranging from "alarmingly low to non-existent" and digital identify infrastructure for trade "remaining fragmented and unfit for purpose for modern international trade". At #GTRAsia, Alexandre Kech (CEO, Global Legal Entity Identifier Foundation (GLEIF), in conversation with Tod Burwell (President & CEO, ), will consider how best to scale the use of digital identities in #trade and address the challenges preventing adoption, as well as the benefits increased uptake could bring, including: 🚀 Speeding up due diligence checks and make it easier for banks to provide financing facilities to SMEs whilst cutting the cost of invoice reconciliation, fraud detection and sustainability programmes 💰 Cutting client onboarding costs by 10% as well as streamlining issuance of letters of credit (LCs), applications for cargo insurance and payment arrangements 🌍 Establishing an impartial, trusted global identity framework that helps connect national and proprietary systems, providing full inclusivity and interoperability 🛠️ Offering a low-cost, simple tool for MNCs and SMEs alike to quickly verify buyers and sellers, reduce risk, enable track and trace or atomic settlement technologies, and establish greater transparency through global supply chains 🚧 Overcoming barriers such as knowledge gaps within the private sector – particularly SMEs – which are likely to hold back adoption Don’t miss this opportunity to learn how scaling the use of digital identities can transform global trade! Visit gtreview.com/gtrasia or contact [email protected] to secure your place. #DigitalTrade #LEI #SupplyChain #GlobalTrade #Innovation International Chamber of Commerce #ICCDSI

While the requirement for widespread #eBL adoption is widely recognised, there is still a long journey ahead, with only 2% of bills of lading and container waybills found to be electronic in a 2022 survey from the Future International Trade (FIT) Alliance, the latest industry initiative aimed at boosting eBL adoption, and which saw around 80 institutions sign up to its ‘Declaration of the electronic Bill of Lading’, committing global trade leaders to drive momentum throughout their respective industries, boosted of course by legal developments such as #MLETR and #ETDA. The elephant in the room is however the lack of interoperability between existing eBL platforms, all of which have their own rules and client bases, limiting the ability of customers from one system to take part in transactions handled by another and requiring them to connect to multiple systems, an approach that is both inefficient and costly and presents a significant obstacle to wholesale adoption. This session will consider the progress made by the FIT Alliance, recognising the unsustainability of 'digital islands' and need for greater interoperability in allowing users of different eBL platforms to interact with each other using a single identity. Speakers » Vincent OBRIEN (ICC UAE, Institute of International Banking Law & Practice (IIBLP) » Bertrand Chen (Global Shipping Business Network (GSBN) » Jaya Vohra (Barclays) » Patrick DeVilbiss (CGI) » Dr. Krishna Prasad K S (Aster Marine Cargo) » Rakesh Mohan (Bank ABC) Don’t miss this essential discussion o n the future of digital trade and the path toward a more connected global trade ecosystem! Join us at GTR Asia on 2024 – visit gtreview.com/gtrasia or contact [email protected] to secure your place.   #GTRAsia #TradeFinance #eBL #DigitalTrade #Interoperability #GlobalTrade #Innovation

The spate of legal cases, particularly in #Asia, has left the world of trade reeling, as banks come face-to-face with the prospect of losses on a scale previously unheard of for an asset class widely regarded as secure. Even worse, at a time of both #technologicalinnovation and new #technologicalthreats, the analogue nature of many of the frauds perpetrated has left many scratching their heads, with others pointing to how such cases further make the case for #digitisation. 🔍So what is the market doing in response? Baldev Bhinder (Managing Director, Blackstone & Gold), in conversation with John Basquill (Senior Reporter, Global Trade Review (GTR), will peak behind the scenes on the many recent instances of #tradefraud, considering some of the key lessons learned and weaknesses identified as inherent in the system. Gain insight into: 📝 The risks of over-reliance on paper documents. ⚠️ The dangers of groupthink and the importance of scrutinising trades, even with a strong balance sheet. 💻 How these cases bolster the argument for digitisation in trade finance. Don’t miss this deep dive into the realities of #tradefraud and the market’s response at #GTRAsia in #Singapore on September 3-4. 🎙️View the event programme: https://lnkd.in/eqJ6gSKE 👉 Register to attend over 20 discussions: https://lnkd.in/ehuFszFF 📅 Add to calendar: https://lnkd.in/eXxPU7w7 🤝 Join the online event community: https://lnkd.in/eeSdMDVx #TradeFinance #FraudPrevention #GlobalTrade #Digitisation #TradeSecurity

💭 How is slowdown in China changing the credit landscape? The headline story for #Asia remains the slowdown in #China, as its centre of trade and economic gravity, which continues to drag on broader activity and both #exports and #imports soften. Whereas previously the majority of clients and customers operating within the Asian market either supplied into China or based their manufacturing there, the insurance market has seen an increasing number of enquiries from both #corporates and #banks to support trade and investment in markets such as #Vietnam and #Indonesia, as they seek to achieve greater supply chain resilience through increased #diversification. At GTR Asia, Cheryl Gan (Marsh Specialty), James Ponsford (Aon), Shan Aboo (Allianz Trade), Lee Garvey (WTW), Ahmed Madkour (Recovery Advisers), and Naveen Kumar (Olam Agri) will consider a range of key risk trends, including: 🌍 The growing importance of trade credit as banks follow clients into new markets like #ASEAN, #India, and #SubSaharanAfrica. 🤝 The value of partnering with #insurers who understand these new markets better. 📈 Does #tradecredit become more crucial as companies shift to open account business over traditional letters of credit? 💼 Are improved #debtrecovery mechanisms, like India’s 2016 bankruptcy reforms, increasing underwriting appetite? 📊 Are #insolvencies finally rising from recent low levels? Where are the current hotspots? Join us at #GTRAsia to explore how these developments are reshaping the trade credit landscape in the region. Don't miss out on this insightful discussion! Visit gtreview.com/gtrasia or contact [email protected] to secure your place. #TradeFinance #CreditRisk #SupplyChain #AsiaTrade