Facilitate an understanding of the global economic environment post pandemic
Focus on the dilemma of exporters and importers, especially, when fortunes are inextricably linked to international affairs
Changes in the Global Scenario, the adverse impact on the economies of certain countries post pandemic and the effect of impending war in international trade finance
To understand how technology is misused by Money Launderers
Who should attend?
Officials in international trade finance departments, in frontline operations
Marketing & Relationship managers,
Credit analysts,
Credit risk teams of banks,
Officers of global back-office departments engaged in processing the export/import documents.
Key members from the Compliance and AML department of the bank
Employees from operational risk and credit risk teams in trade finance
Course Content
Day 1
Session 1
• Current international and domestic economic scenario
• Negative impact on international trade –post pandemic
• Non-availability of resources
• Bottlenecks experienced in supply chain
Session 2
• India's international trade business
• Cases of direct impact and hurdles faced in the international trade business
• Demand-side impact
• Supply-side impact
Live Case Study Discussion
Session 3
• Manage emerging TBML threats
• Obligation to FULL FORM?| KYCC and KYCS
• Spotting fraud
• Role of FIU & Enforcement, Directors
Session 4
• Different stages in the course of trade
• Role of bankers and other agencies viz., Customs, Shipping companies,
• Governments
• Sanctions
Day 2
Session 5
• Exports
• Stages susceptible to red flags: Advance against Exports - associated risks, types of transactions, related documents
• Associate Companies/Shell Companies
Session 6
• Imports
• Stages susceptible to red flags: Remittance of advance against imports - associated risks, types of transactions, related documents
• Import bill retirement - associated risks, related documents
• Merchanting trade, high sea sales - associated risks, types of transactions, related documents.
Session 7
• Letter of Credit (LC): Export / Import - associated risks, types of transactions, related documents
• Export LC, nature of activity, documents required, value and the nature of goods, clauses appearing in the LC, pay-ment instructions
• Import LC
Session 8
• Force Majeure Provisions of UCP, eUCP, URDG, URC, eURC, URR and URBPO (collectively described herein as "ICC rules")
• Risk Indicators:
• Structural Risk Indicators
• Trade Activity Risk Indicators
• Trade Document and Commodity Risk Indicators
Trainer Profile
Trainer is a seasoned banker with rich and versatile experience in a leading public sector bank. She has worked across different banking functions like General banking, Trade Finance, Operations, Wealth Management, Retail, Rural, SME, MSME & Corporate Credit. She also has an excellent understanding of regulations and processes of cross-border transactions.
