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Developing Uniform Definitions and Data Standards
When: March 9, 2023
Location: SMBC Bank
 

London, UK

People: Geoffrey Wynne

Geoffrey Wynne joined a panel session on "Developing Uniform Definitions and Data Standards" at BCR’s Trade & Investment Forum 2023 - Creating a Deep and Liquid Investor Market for Trade Assets.

The session discussed the need for bankers/originators and investors to speak the same language for dealing with trade finance assets to be able to deal with each other seamlessly, and examined issues including why uniformity and standardisation is needed, what needs to be developed from the perspective of terminology, distribution, buyers’ and sellers’ obligations, reporting, data availability, ESG initiatives, as well as the role of key stakeholders and participants as enablers.