Trade Finance and Financial Integrity
Countering Trade-Based Money Laundering
Description
As global trade and trade finance have grown in recent decades, so too has trade-related crime. Trade-based money laundering (TBML) is an increasingly significant way in which global trade is misused to launder proceeds of crime. Financial institutions engaged in trade finance need to be vigilant and should implement TBML-specific control frameworks to protect their business from potential regulatory scrutiny and loss of correspondent bank relationships. This session will provide an overview of typical financial crime risks in trade finance through the use of case studies and will discuss resources for banks to help detect and prevent TBML-related risks in their operations.
Where
Grand Hyatt Hotel & Residences Mumbai (Room TBC)
When
9:00 a.m. - 11:00 a.m., September 15th, 2023
Limited spaces – register now!
Sustainable MSME finance into practice and profit
Global launch of first-ever Sustainable MSME Finance Reference Guide for emerging market financial institutions
Description
MSMEs financing needs are usually of small amounts and for operational expenditures, different than the large capital expenditure projects of bigger companies. Green and social eligible expenditures are, thus, unique in the context of banks’ operations with MSMEs. IFC’s Sustainable MSME Finance Reference Guide – the first ever on the market, that is being launched at the Global SME Finance Forum 2023 – was designed to help financial institutions to deploy sustainable finance for MSMEs and, thus, integrate MSME financial products with sustainability objectives and strengthen their own funding through issuance of sustainable debt.
To provide insights into sustainable MSME finance and make a deep dive into the Guide, the IFC’s Green Bond Technical Assistance Program (GB-TAP) is launching for the first time this highly practical one-day training on how financial institutions can implement sustainable finance when lending to MSMEs. The program contains classroom-based learning materials and dynamic learning components, such as guest speakers, case studies, teamwork and interactive discussions. The training is designed specifically for emerging market banks interested in applying sustainable finance in loans to MSMEs.
The training is delivered by leading market practitioners, including faculty from IFC, banks who have implemented sustainable MSME finance, and consulting firms specializing in the topic. The program seeks also to strengthen the bank staff's foundational skills in green and sustainable finance in the context of MSMEs. Participants will be presented with an overview of sustainable finance and the different instruments used for that such as green, social and sustainability bonds, a step-by-step approach to implementing sustainable MSME finance, and distinct use of proceeds for sustainable MSME finance. On the completion of the training, participants can expect to:
- Have a practical approach to operationalizing sustainable finance for MSMEs in the case of different types of expenditures, whether capital (Capex) or operational (Opex)
- Understand how to identify green and/or social projects or activities in MSMEs financing
- Interact with other professionals, leading market participants, and members of faculty to gain first-hand experience of the implementation of sustainable MSME financing
- Receive a course certificate from IFC
Where
Grand Hyatt Hotel & Residences Mumbai (Room TBC)
When
September 15th, 2023 (tuition, coffee break, and light lunch included), starting from 9:00 a.m.
Unlock the potential of your institution to operate sustainable finance with MSMEs.
Limited spaces – register now!