Sullivan, Deutsche Bank and ITFA Launch 3rd Edition of "A Guide to Receivables Finance"
London, UK - International law firm Sullivan, together with Deutsche Bank and the International Trade Finance Association (ITFA) are delighted to announce the publication of the 3rd Edition of "A Guide to Receivables Finance."
In the six years since the publication of the second edition of the Guide, a great deal has happened in the world of receivables financing, not least in the areas of digitalisation, fintech and regulation. With the help of a number of industry experts, this third edition attempts to update the changes that have occurred in law and practice for all those who participate in receivables finance.
Edited by Sullivan partner Geoffrey Wynne, supported by Sean Edwards at ITFA and editorial director Clarissa Dann at Deutsche Bank, the Guide’s contents and contributors are as follows:
- An introduction to receivables finance: Geoffrey Wynne, partner, Sullivan
- Legal treatment of payment instruments: Geoffrey Wynne, partner, and Hannah Fearn, managing associate, Sullivan
- Legal and regulatory Issues: Geoffrey Wynne, Sullivan
- The role of credit insurance in receivables financing: Hannah Fearn, Sullivan
- Distribution techniques and issues: Paul Coles, Asset Distribution Lead, GTRF, HSBC Bank plc
- Surety – how insurance companies can issue guarantees and risk participation: Silja Calac, Head of Private Risk Mobilization, GTB, Continental Europe at Santander
- Trade receivables securitisations: Background to trade receivables securitisation: Adrian Katz, President, Finacity Corporation
- Trade receivables securitisations: Trade finance synthetic securitisation: Jonathan Lonsdale, Head of Trade & Working Capital Solutions, Private Debt Mobilization at Santander Corporate and Investment Banking
- Cross-border supply chain finance: Christian Hausherr, Chair of the Global Supply Chain Finance Forum and Product Manager, Supply Chain Finance EMEA at Deutsche Bank
- Forfaiting: Sean Edwards, Chairman, International Trade & Forfaiting Association and Head of Legal at SMBC Bank International plc
- The involvement of fintech in receivables financing: André Casterman, Board Member and Chair of the Fintech Committee, ITFA and Board Member, Tradeteq
General Editor of the Guide, Geoffrey Wynne, commented:
"Owing to COVID-19, the period from March 2020 to mid-2021 has been challenging for every sector and every business. The need for the digitisation of trade has been moved along a decade in perhaps one tenth of that. Across the receivables finance world we have seen remarkable resilience. Coupled with the seemingly unending uncertainties around Brexit, the changes to our industry have been myriad, and they are not finished yet by any stretch of the imagination.
But it does seem an appropriate time to take stock, and to publish the 3rd edition of this Guide to Receivables Finance. I am immensely grateful to Deutsche Bank and to ITFA for their support in making this Guide happen and to all those who contributed detailed, interesting, and useful, chapters."
The Guide will make its debut at the ITFA LIVE 47th Annual Conference being held in Bristol, UK this week. You can view the Guide here.
Sullivan & Worcester (Sullivan) is a leading AmLaw 200 law firm with over 200 attorneys in Boston, London, New York, Tel Aviv and Washington, DC. Sullivan’s clients, including Fortune 500 companies and emerging businesses, rely on Sullivan’s strategic vision, comfort with complexity and intense focus on results. As a global law firm, Sullivan’s reach extends beyond the United States. Sullivan has represented clients around the world and has a deep bench for working on a variety of matters and issues affecting clients globally.
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