VIENNA 2013

Linking Global Compliance

and AML regulations to Trade
Meeting of 21-25 October 2013
Venue: Raifeisen Bank International
Am Stadtpark 9
1030 Vienna, Austria
A meeting hosted by ICC Austria
and Raifeisen Bank International
ICC BANKING COMMISSION MEETING
A leading event providing opinions, ideas, and insights
about the forces driving change in trade & nance
Platinum Sponsors
Bronze Sponsors
Technology and Media Partners
Institutional Partners
SPONSORS
2 | LINKING GLOBAL COMPLIANCE AND AML REGULATIONS TO TRADE | VIENNA 2013
Dear Delegates,
The ICC Banking Commission, in collaboration with ICC Austria, is delighted to invite you to
our bi-annual meeting to be held in Vienna from 21-25 October 2013 at the premises of our key
sponsor Raifeisen Bank International.
Vienna has been of a great importance to the history of the ICC Banking Commission. The rst
ICC rules on letters of credit were adopted at the ICC Banking Commission meeting in Vienna
back in 1933, thus it is appropriate that we return there to mark the 80th anniversary since
this historic accomplishment. The ICC L/C rules have been a milestone for secure international
business transactions and key for the globalization of business.
To celebrate this 80th anniversary, the program will ofer a series of meetings and seminar where
international experts and over 300 delegates will gather to shape some of the most relevant
rules and regulations for trade nance, promote open dialogue and policy recommendations, and
encourage governments to reduce obstacles to trade nance to stimulate economic growth and
best practices.
Our various events will provide a unique opportunity to learn from experienced trade nance
expects and bankers about their visions and strategies in global themes and key topics such as:
The global trade nance market outlook, Commodity trade nance, Root causes of Illicit
trade, fraud and money laundering, etc. The plenary meeting program will be an opportunity
to discuss work-in-progress on many Banking Commission rules and projects such as: The new
Compliance Group, Trade Finance Register, Banking Commission opinions, to list a few. In
addition to the plenary meeting, ICC Austria will organize three additional high level seminars
with renowned speakers from around the globe. The seminars will focus on key topics such as:
Fraud in Trade Finance , Sanctions & Embargos, Money Laundering in Trade Finance, The
new International Standard Banking Practice, and Implementation of Basel III in Trade Finance
Departments. You can therefore expect insight and commentary on a wide range of issues
impacting trade nance today.
Thank you for your participations and your continuous support to advance the mission of the ICC
Banking Commission.
Yours sincerely,
Kah Chye Tan
Chair, ICC Banking Commission
WELCOME
VIENNA 2013 | LINKING GLOBAL COMPLIANCE AND AML REGULATIONS TO TRADE | 3
4 | LINKING GLOBAL COMPLIANCE AND AML REGULATIONS TO TRADE | VIENNA 2013
Day 1
Monday 21 October
Day 2
Tuesday 22 October
Day 5
Friday 25 October
ICC AUSTRIA CONFERENCES
09.00 19.00 ICC Austria Conference I Fraud in Trade Finance fee paying event
(Venue: Raifeisen Bank International plenary room)
09.00 19.00 Banking Commission Specialised Group meetings
(Restricted to members of specic groups. Detailed information on page 7)
17.00 19.00 Bank Payment Obligation, the new solution in supply chain nance to shape trade in the
21st century by BPO Education Group (Room: Welle 1+2)
Open to all participants
A panel discussion hosted by Andre Casterman, Head of Corporate and Supply Chain
Markets, SWIFT and co-chair of the BPO User Group and Michael Quinn, Managing Director
JP Morgan, Co-Chair of the BPO Education Group.
By exploring the corporate and bank perspective, the discussion will provide valuable insight
from the ICC URBPO Drafting Group, including a complete overview of this new mean of
payment, how it works, how banks can prot by ofering BPO to customers and instructions
as to how to begin implementing BPO.
09.00 19.00 ICC Austria Conference II Sanctions, Terrorism Finance & Money Laundering in Trade
Finance fee paying event
(Venue: Raifeisen Bank International plenary room)
09.00 19.00 Banking Commission Specialised Group meetings
(Restricted to members of specic groups. Detailed information on page 7)
09.00 18.00 ICC Austria Conference III Implementation of Basel III in Trade Finance fee
payingevent
(Venue: Raifeisen Bank International plenary room)
DAY 3 ICC BANKING COMMISSION PLENARY
08.3009.00 Registration
09.00 09.10 Welcome address
09.10 09.25 Keynote speech
Dr. Karl Sevelda, Chief Executive Ofcer, Raifeisen Bank International
09.25 10.00 An Update on key ICC Banking Commission projects
A discussion with the ICC Banking Commission Executive Committee led by Kah Chye Tan,
Chair of the ICC Banking Commission
10.00 10.45 Global Trade Finance Market Outlook
10.45 11.45 Cofee break
11.45 12.45 The new regulatory environment
12.45 13.30 Standard loan documentation/trade asset management
13.30 14.30 Lunch
Hosted by Raifeisen Bank International
14.30 14.50 The new Banking Commission Compliance Group
14.50 15.20 Sanctions and commercial crime
15.20 16.00 Root causes of Illicit Trade, Fraud and Money Laundering
16.00 16.30 Cofee Break
16.30 17.30 Commodity Trade and Trade Finance
17.30 18.15 Trade Facilitation & Trade Finance
19.20 22.00 Gala Dinner hosted by Raifeisen Bank International
Venue: Palais Ferstel, Strauchgasse 4 1010 Vienna, Austria
Transportation to be provided (meeting point : Raifeisen Bank International lobby at 19.00)
VIENNA 2013 | LINKING GLOBAL COMPLIANCE AND AML REGULATIONS TO TRADE | 5
Venue: Raifeisen Bank International plenary room
Wednesday 23 October
DAY 4 ICC BANKING COMMISSION PLENARY
6 | LINKING GLOBAL COMPLIANCE AND AML REGULATIONS TO TRADE | VIENNA 2013
09.00 09.10 Welcome address
09.10 09.30 Keynote speech
09.30 10.15 Celebrating 80 years of Letter of Credit Rules
10.15 11.00 Update from the ICC Regional Banking Commission MENA region
11.00 12.15 ICC Uniform Rules for Factoring and Accounts Receivables: new initiative
12.15 12.45 DOCDEX Rules Revision
12.45 14.00 Lunch
Hosted by Raifeisen Bank International
14.00 16.30 Draft Ofcial Opinions of the Banking Commission and latest DOCDEX Decisions
16.30 17.00 Cofee Break
17.00 18.30 Update on Banking Commission projects
a) ISBP
b) New ICC Forfaiting Rules
a) New ICC BPO Rules
b) ICC URDG
18.30 18.40 ICC Banking Commission Prize Draw
18.40 18.45 Closing of ICC Banking Commission Plenary
Venue: Raifeisen Bank International plenary room
Thursday 24 October
BANKING COMMISSION SPECIALIZED GROUPS
Room
08.30 10.30
Bank Payment Obligation (BPO) Working Group
Dan Taylor and Andre Casterman, Co-chairs
2
09.30 12.00 Rule-Writing Revision
Dan Taylor, Chair
1
10.30 12.00
BPO Education Group
Andre Casterman and Michael Quinn, Co-chairs
Welle 1+2
12.00 14.00
Compliance Group
Neil Chantry, Chair
2
14.00 18.30
Task Force on Guarantees
Andrea Hauptmann, Chair
2
14.00 16.00
Finance Committee
Dan Taylor, Chair
1
16.00 19.00
Banking Commission Executive Committee
Dan Taylor, Chair
1
Room
07.30 09.00 Trade Finance Market Intelligence Group 2
08.30 13.30 Legal Committee 1
09.00 10.30
Forfaiting Group
Donal R. Smith, Chair
2
10.30 12.30
ICC Trade Register on Trade & Finance short term
Ashutosh Kumar, Chair
2
12.30 15.00
DOCDEX Revision
Gary Collyer and George Afaki, Co-chairs
1
14.00 15.00
ICC Trade Register on Trade & Finance long term
Ashutosh Kumar, Chair
2
15.00 16.30
G20 Policy Consultation meeting
Led by Kah Chye Tan and Thierry Snchal
1
15.30 18.00 Drafting of Arbitration Clauses 2
16.30 19.00
ICC Banking Commission Advisory Board
Kah Chye Tan, Chair
1
Room
17.00 19.00
ICC Banking Commission National Committee Forum
Kah Chye Tan and Thierry Snchal, with participation of NCs
2
VIENNA 2013 | LINKING GLOBAL COMPLIANCE AND AML REGULATIONS TO TRADE | 7
Venue: Raifeisen Bank International plenary room
Please note that these meetings are restricted to members of specic groups or participants having
ofcially registered for programmed events.
Monday 21 October
Tuesday 22 October
Wednesday 23 October
38 Cours Albert 1er, 75008 Paris, France
Telephone: +33 (0)1 49 53 28 28
Fax: +33 (0)1 49 53 28 59
E-mail: icc@iccwbo.org
Website: www.iccwbo.org
THE WORLDS ESSENTIAL RULE-MAKING BODY
FOR THE BANKING INDUSTRY
WITH 80 YEARS OF EXPERIENCE AND MORE THAN 600
MEMBERS IN +100 COUNTRIES, THE ICC BANKING COMMISSION
THE LARGEST COMMISSION OF ICC, THE WORLD BUSINESS
ORGANISATION HAS RIGHTLY GAINED A REPUTATION AS THE
MOST AUTHORITATIVE VOICE IN THE FIELD OF TRADE FINANCE.
ICC BANKING COMMISSION
RULES
ICC Banking Commission produces
universally accepted rules and guidelines for
international banking practice. ICC rules on
documentary credits, UCP 600, are the most
successful privately drafted rules for trade
ever developed, serving as the basis of USD2
trillion trade transactions a year.
POLICY-MAKING
ICC Banking Commission is helping policy
makers and standard setters to translate
their vision into concrete programmes and
regulations to enhance business practices
throughout the world.
PUBLICATIONS AND MARKET INTELLIGENCE
Used by banking professionals and trade
nance experts worldwide, ICC Banking
Commission publications and market
intelligence is the industrys most reputable
and reliable source of guidance to bankers and
practitioners in a broad range of elds.
DISPUTE RESOLUTION
The ICC Banking Commission and ICC
International Centre for Expertise administer
the ICC Rules for Documentary Instruments
Dispute Resolution Expertise (DOCDEX) to
facilitate the rapid settlement of disputes
arising in banking.
EDUCATION AND CERTIFICATION
Over ten thousand people in over 100
countries have trained and certied in
international trade nance using our suite
of ICC approved online training services and
certication facilities.
SPECIALIZED TRAININGS AND EVENTS
In addition to its bi-annual summit gathering
+300 international delegates every six
months, the ICC Banking Commission
organizes regular seminars and conferences
around the world, in partnerships with ICC
National Committees and other sponsors.
STRATEGIC PARTNERSHIPS
Well-established collaboration with leading
policy makers and trade association, including
WTO (World Trade Organization), ADB
(Asian Development Bank), Berne Union,
EBRD (European Bank for Reconstruction
and Development), IDB (Inter-American
Development Bank), IFC (International
Finance Corporation), IMF (International
Monetary Fund), SWIFT, the World Bank
andothers.