Trade Finance Magazine Copying and distributing are prohibited without permission of the publisher

BAFT-IFSA releases trade finance Basel framework recommendations

07 December 2011

Concerned about the impact of Basel II and Basel III on trade finance, banking association BAFT-IFSA has released a list of its key recommendations for the Basel Committee.

Read more: Basel II Basel III Basel III trade finance capital requirements Basel framework BAFT-IFSA

Concerned about the impact of Basel II and Basel III on trade finance, banking association BAFT-IFSA has released a list of its key recommendations for the Basel Committee.

The proposals have been published this week at the same time as a group of 23 banking and trade associations sent a second letter to the Basel Committee asking it to make further changes to the capital requirements for trade finance (Trade Finance 05/12/11).

The BAFT-IFSA proposals in full:


Trade Finance - Key Concerns and Recommendations for the Basel Framework

BAFT-IFSA, along with others in the manufacturing, banking and services industries, is concerned about the effect that Basel II and Basel III could have on the availability of trade finance. Basel III does not address industry issues with Basel II regarding trade finance. Indeed, Basel III presents additional concerns.

Background: The Importance of Trade Finance

Global trade relies upon accessible financing...


Upcoming Events