German Regional Committee Meeting 2010

The last 10th November KfW, Frankfurt hosted another successful event of the ITFA.

The German Regional Committee, chaired by Silja Calac, organized a workshop on different issues.

There have been interesting discussions on the Unified Rules for Forfaiting, on due diligence issues particularly for sanctioned countries, on the documentation for the credit assignment but the main subject was related to Compliance issues.

Compliance nowadays represents, for the Trade Financiers, a problematic topic and the discussion around it helped to clarify different aspects and difficulties and shown that there are still many different views which render Compliance even more difficult.

At the workshop participated 35 attendees and was perfectly organized and coordinated by the German Committee Board composed by Waltraud Raderschall, Berndt Sooth, Stephan Schneider and Silja Calac, key speakers on the stage.

Paul Langford and Paolo Provera represented the ITFA Board.

Pictures of the event are under ‘News- Event Photos’