Tag: ICC

ICC highlights the unique role of SMEs as boosters of trade in TXF

Following the release of its 2015 Global Survey on trade finance, the International Chamber of Commerce (ICC) talks to TXF about the importance of securing financing for SMEs in order to boost global trade. Vincent O’Brain, chair of the ICC Banking Commission Market Intelligence, discusses the impact of trade finance gaps and regulatory initiatives on …

Continue reading

ICC releases its 2015 Global Survey on trade finance

Based on the feedback from 482 respondents across 112 countries, ICC’s 2015 Global Survey on trade finance provides a valuable snapshot of key market trends – enabling bankers, traders and government officials to gauge global expectations. This year, the survey highlights the impact of the trade finance gap on SMEs, the impact of regulation on …

Continue reading

ICC reveals Global Survey findings at GTR Asia

Vincent O’Brien, Chair of ICC Banking Commission Market Intelligence, discussed key global trends originating from the Global Survey at the GTR Asia Trade Finance Week held on 8 September in Singapore. These included the sharp increase in the demand for traditional trade finance instruments, as markets take on much riskier profiles, and the expected increase …

Continue reading

Georges Affaki writes for Global Banking and Finance Review on ICC’s DOCDEX

Following the recent revision of DOCDEX (ICC’s dispute resolution mechanism), Georges Affaki explains in Global Banking and Finance Review why DOCDEX presents a friendly alternative to costly and protracted litigation or arbitration in trade finance. Helping safeguard partnerships, DOCDEX allows international bankers and traders the expert support needed to solve trade finance disputes. What’s more, …

Continue reading

Deutsche Bank’s Daniel Schmand in GTR on his vision for the ICC

In this month’s GTR, the magazine asked Daniel Schmand – Head of Trade Finance & Cash Management Corporates EMEA at Deutsche Bank, and the new chair of the International Chamber of Commerce’s (ICC) Banking Commission – about his plans for the latter. Daniel answered questions on the challenges facing trade finance, his views on alternative financiers …

Continue reading

ICC discusses “A smoother route to trade conflict” in GT News

Allowing international bankers and traders the expert support needed to solve trade finance disputes, DOCDEX (ICC’s dispute resolution mechanism) has been recently revised and enhanced. Retaining much of its original features – proving effective and valuable to many in the commercial landscape – the new DOCDEX rules are serving more people and cases than ever …

Continue reading

Euromoney interviews Georges Affaki on ICC’s recently revised DOCDEX

In a recent interview with Euromoney, Georges Affaki explains the changes to DOCDEX — ICC’s dispute resolution mechanism. Preserving its key features, DOCDEX now offers more transparency, enhanced time efficiency, and a broadened scope that enables it to address any trade finance-related dispute. The new ICC DOCDEX rules present international bankers and traders with a …

Continue reading

GTR describes ICC’s dispute resolution mechanism – DOCDEX

Helping to safeguard partnerships and foster further commercial deals, ICC has revised the rules surrounding its dispute resolution mechanism, DOCDEX. Georges Affaki, chair of the legal committee of the ICC banking commission and DOCDEX drafting group explains how DOCDEX provides a friendly alternative for settling disputes in a non-adversarial way – now addressing any documentary …

Continue reading

Georges Affaki discusses the new ICC DOCDEX rules in TFR

The 2015 ICC Banking Commission Annual Meeting – which took place in Singapore this April – acted as forum of discussion for Georges Affaki and his panel of experts in trade finance disputes. Reviewing the benefits of the newly revised DOCDEX rules, Georges Affaki explains that, in addition to widening the DOCDEX’s scope – enabling …

Continue reading