Official Launch of the ICC BPO Rules

S1316 ICC URBPO Launch button
  • Location: ICC Headquarters, Paris
  • Date: 17/05/2013
  • Event Type: Training
  • Language: English
Exclusive Training

A new solution in supply chain finance to shape trade in the 21st Century!

The ICC has set itself an ambitious goal to introduce an innovative way for trading counter-parties to secure and finance their open account trade transactions via their banking partners. The new instrument called the “Uniform Rules for Bank Payment Obligation” (URBPO; also referred to as the 'ICC BPO rules') will enable importers and exporters to involve their preferred banking partners in their trade transactions and get flexible risk and financing services. Based on standardized messaging and advanced transaction matching operated by SWIFT, this new instrument will accelerate the financial supply chain in support of ever accelerating physical supply chains.

For this official one-off launch, members of the ICC URBPO Drafting Group and Education Group will come together to give a full public presentation of the new rules, followed by an exclusive training session to offer a valuable insight into this new means of payment.

The training will:

  • provide valuable first hand insight from the experts of the ICC URBPO Drafting Group
  • present the detailed rules, one by one
  • explore the corporate perspective on URBPO
  • teach participants how to get started on the URBPO and the ISO 20022 standards
  • describe main issues by presenting first URBPO case studies

Who should attend?

  • CFOs, corporate credit and risk managers, corporate treasurers
  • Bankers, insurers, consultants and vendors active in trade and supply chain finance.

Official Launch of the Rules

  • Welcome by the Chairs and Launch of the Rules
  • Launch Networking Breakfast

Training

  • The new URBPO Trade Settlement Instrument
  • Addressing key corporate requirements using the BPO
  • Legal aspects of the Bank Payment Obligation instrument
  • The ICC URBPO and ISO 20022 standards
  • The URBPO articles in detail & plenary discussion
  • BPO: accounting policy and capital treatment, compliance
  • Synthesis and closing by the chairs

Chairs

André Casterman,Co-chair of the ICC URBPO Project and Head of Corporate and Supply Chain Markets at SWIFT, Belgium

Michael F. Quinn,Co-chair of the ICC URBPO Education Group and Managing Director of Global Trade at JP Morgan Chase, United States

Speakers

Jana Kies, Vice President, Trade Finance Product Management, Deutsche Bank AG, Germany; Member of the ICC URBPO Education Group

Patrick Krekels, Deputy General Counsel, SWIFT, Belgium; Member of the ICC URBPO Drafting Group

Robert Marchal,Lead Standards Specialist, SWIFT, Belgium; Member of the ICC URBPO Drafting Group

Alexander Malaket, President, OPUS Advisory Services International Inc, Canada; Member of the ICC URBPO Education Group

Daniela Medina, Trade Product Manager, Trade & Working Capital Product, Barclays, United Kingdom; Member of the ICC URBPO Education Group

Hugo Verschoren, Senior Product Manager Trade Finance Services, ING Group Commercial Banking, Netherlands; Member of the ICC URBPO Education Group

ICC Representatives

David Bischof, Policy Manager, ICC Banking Commission

Thierry Sénéchal, Senior Policy Manager, ICC Banking Commission

Date

17 May 2013

Venue

ICC Headquarters

38 cours Albert 1er

75008 Paris

Working language

English

Registration fees

The registration fee includes participation in the conference and documentation, lunches and coffee breaks. Travel and hotel expenses are not included.

Amount (including VAT 19,6%)*:

ICC members: 895 euros (1 070,42€ VAT incl.)

Non-members: 995euros (1 190,02€ VAT incl.)

*As of 2011, ICC Services must set its prices to include the VAT pursuant to Article 53 of the European Directive 2006-112CE. Please note that you can request a reimbursement of the VAT through your local tax administration (if you are not a member of the EU, you must obtain a French tax representative in order to receive the VAT reimbursement).

Registration will be confirmed upon receipt of the registration and contribution to costs.

Travel and accomodation

Participants are responsible for making their own travel arrangements and hotel reservations. A list of hotels in Paris, with which ICC has negotiated preferential room rates will be sent to you upon receipt of the registration form.

Credits and hours

This programme can be credited towards training under the taxe de formation professionelle in France (organisation registered under 11 75 4089 275). It has also been approved by the ifs (school of finance) as a course for the Certified Documentary Credit Specialist Re-Certification programme - attendees can claim 4 PDUs.

Cancellation charge

50% of the registration fee will be refunded if notice is received in writing before 17 April 2013. Cancellations after this date are not refundable. Subject to agreement with ICC Services prior to the seminar, the registration may be transferred to another person from the same company or organization at no extra charge. Updated registration material will be required.

Please note that ICC Services reserves the right to cancel this event or to make minor alterations to the content and timing of the programme or to the identity of the speakers. In the unlikely event of cancellation, delegates will be offered a full refund. ICC Services will not, however, be held responsible for any related expense incurred by the participant.

This training offers you an unrivalled opportunity to build worldwide partnerships. Partnering will get you visibility with the major decision makers in global business and/or within the international banking network. For further information, please follow this link or contact Ms Rodriguez at: luz.rodriguez@iccwbo.org

Download Document(s)

Event registration fees

ICC Member €895

Non-Member €995

Hours and credits

  • Documentary credit specialists4 PDUs