ICC_BC_Rome_07 Prov Agenda.pdf - ROME 2016 TECHNICAL MEETING ICC BANKING COMMISSION 7-10 NOVEMBER 2016 AGENDA SPONSORS O RGAN IS ED BY H OSTED BY G LO B

ICC_BC_Rome_07 Prov Agenda.pdf - ROME 2016 TECHNICAL...

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TECHNICAL MEETING ICC BANKING COMMISSION 7-10 NOVEMBER 2016 AGENDA ROME 2016
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ORGANISED BY HOSTED BY GLOBAL PREFERRED PARTNERS SPONSORED BY TECHNLOGY PARTNER INSTITUTIONAL PARTNERS University College SPONSORS ICC BANKING COMMISSION ROME 2016
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In a global economy driven by innovation and knowledge, professional education is the bedrock of business competitiveness. The ICC Academy provides rigorous and relevant training in a way that suits busy professionals. Our wide range of specialized programmes leverage ICC’s position as a world leader in defining commercial rules and standards to support international commerce. A NEW GLOBAL STANDARD FOR PROFESSIONAL EDUCATION
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AGENDA 2 ICC BANKING COMMISSION ROME 2016 WELCOME The ICC Banking Commission and ICC Italia are delighted to invite the distinguished Members of the Commission to the Technical Meeting organised in Rome during the month of November 2016, from Monday 7th to Thursday 10th. It has been a long time since the ICC Banking Commission met in Italy. It was back in 2002 and many events have occured since then, including the most dramatic and severe economic crisis ever experienced since 1929. The Commission’s membership and competencies have both increased, and its reputation and influence have grown stronger, thus consolidating its rulemaking role in particular in trade finance. Today, a number of ICC rules represent the sole reference point in every day trade finance transactions. Special mention should be made of the ICC Uniform Customs and Practice (UCP) for Documentary Credits and of the International Standard Banking Practice (ISBP), as well as of the Official Opinions on the interpretation of the Rules. Meanwhile, new additional instruments have been introduced, such as the Bank Payment Obligation (BPO), a tool to support supply chain finance and govern trade finance transactions with a view to promoting international trade activities. The ICC Banking Commission is also an authoritative source of credit-related risk data on trade and export finance, believing that restoring more efficient short-term trade finance — on which international trade so heavily depends — would help the recovery of the world economy. The banking sector around the world is facing major and multiple challenges due to rapid market developments and the fast changing directions economies are taking. Increasing attention and a fast-response attitude are required to effectively support the real economies — industry, services, trade — and the banking system. We hope that this event in Rome will offer you all the opportunity to foster the ICC Banking Commission’s role and we wish all distinguished Members of the ICC Banking Commission an inspiring and productive meeting and an enjoyable stay with ICC Italia.
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