2015 BAFT Southeast Global Trade Finance Workshop

BAFT 2015 Southeast Global Trade Finance Workshop
February 12 – 13, 2015
Hilton Garden Inn Tampa East Brandon
Tampa, FL

Program

Thursday, February 12
8:00 – 8:30 AM
Conference Registration and Continental Breakfast
8:30 – 8:45 AM
Welcome and Opening Remarks
Normand Girard, CDCS
Chair, BAFT Southeast Region Letter of Credit Committee
Director, Trade Finance Operations
BMO Financial Group
8:45 – 9:45 AM
Case Study: The Transfer That Went Sour
What happens when a complying presentation has been negotiated and a court injunction follows.
Normand Girard, CDCS
Chair, BAFT Southeast Region Letter of Credit Committee
Director, Trade Finance Operations
BMO Financial Group
9:45 – 10:30 AM
Global Trade Updates and CDCS overview
Speaker:
Stacey Facter
Senior Vice President – Trade Products
BAFT
10:30 – 11:00 AM
Coffee Break
11:00 AM – 12:15 PM
Insurance Documents: Are You in Good Hands?
Insurance Basics & Documentation Examination
Are you really in good hands with that presented Insurance Document vs. the Letter of Credit?
Moderator
Thomas Hrubecky, CDCS
AVP - Global Trade Solutions Delivery
Fifth Third Bank
Speaker:
Becky Marrero
Marine Manager
Roanoke Trade
Speaker:
Susan Wilkinson
Global Trade Services, Vice President
Hancock/Whitney Banking Group
12:15 – 1:15 PM
Networking Luncheon
1:15 – 2:00 PM
Single-Issue Questions
Facilitator:
Jerry Glock, CDCS
Vice-Chair, BAFT Southeast Region Letter of Credit Committee
Vice-President, Trade Advisor
Citi
2:00 – 2:30 PM
Collections and URC 522
Jerry Glock, CDCS
Vice-Chair, BAFT Southeast Region Letter of Credit Committee
Vice-President, Trade Advisor
Citi
2:30 – 3:00 PM
Coffee Break
3:00 – 4:00 PM
Overview of U.S. Export Controls
How has export control reform changed the compliance landscape for commercial/dual-use exports?
Speaker
Alan F. Enslen
Partner, International Trade Product Group Leader
Maynard, Cooper & Gale, P.C.
4:00 – 5:00 PM
Case Study: The Letter of Credit That Won’t Go Away
A letter of credit that contains many issues. See if you can find them!
Normand Girard, CDCS
Chair, BAFT Southeast Region Letter of Credit Committee
Director, Trade Finance Operations
BMO Financial Group
5:00 – 5:10 PM
Closing Remarks
Normand Girard, CDCS
Chair, BAFT Southeast Region Letter of Credit Committee
Director, Trade Finance Operations
BMO Financial Group
5:15 – 6:15 PM
Networking Reception
Hilton Garden Inn Hotel
Friday, February 13
8:00 – 8:30 AM
Continental Breakfast and Networking
8:30 – 8:45 AM
Welcome
Normand Girard, CDCS
Chair, BAFT Southeast Region Letter of Credit Committee
Director, Trade Finance Operations
BMO Financial Group
8:45 – 9:45 AM
Case Study
Many banks have established a “Trade Services, Limited” Company in Hong Kong to re-issue letters of credit in the Asian marketplace. But what happens if your letter of credit bears Incoterms® rules such as EXW or DDP in which the instrument does not require presentation of transport documents? Can the issuer and the re-issuer resolve their differences over the required documents and the LC’s structure? Find out in the next exciting adventure of Hong Kong Phooey!
Facilitator:
Thomas Hrubecky, CDCS
AVP - Global Trade Solutions Delivery
Fifth Third Bank
9:45 – 10:30 AM
Game Questions
Facilitator:
Normand Girard, CDCS
Chair, BAFT Southeast Region Letter of Credit Committee
Director, Trade Finance Operations
BMO Financial Group
10:30 – 11:00 AM
Coffee Break
11:00 AM – 12:00 PM
Panel of Experts
Issues and Questions posed in advance by Workshop Attendees.
Moderator:
Jerry Glock, CDCS
Vice-Chair, BAFT Southeast Region Letter of Credit Committee
Vice-President, Trade Advisor
Citi
Panelists:
Normand Girard, CDCS
Chair, BAFT Southeast Region Letter of Credit Committee
Director, Trade Finance Operations
BMO Financial Group
Buddy Baker
VP/Manager, Global Trade Solutions Delivery
Fifth Third Bank
Charnell Williams, CDCS
Director, Global Trade Service Product Manager
Citi
Bob Foutts
Executive Director J.P. Morgan
12:00 – 1:00 PM
Networking Luncheon
1:00 – 2:15 PM
Mock Court
An interactive forum where the facilitators and participants arbitrate topical letters of credit issues, in a court room setting.
Judge:
Stacey Facter
Senior Vice President – Trade Products
BAFT
Prosecutor:
Charnell Williams, CDCS
Director, Global Trade Service Product Manager
Citi
Defense:
Bob Foutts
Executive Director
J.P. Morgan
2:15 – 3:15 PM
Case Study: The Effect of Ambiguity
Lack of clarity when issuing a letter of credit can create confusion and potentially jeopardize payment.
Susan Wilkinson
Global Trade Services, Vice President
Hancock/Whitney Banking Group
3:15 – 3:30 PM
Workshop Wrap-Up
Normand Girard, CDCS
Chair, BAFT Southeast Region Letter of Credit Committee
Director, Trade Finance Operations
BMO Financial Group