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Trade Finance: Lessons from First Brands and Other Situations
When: October 13, 2026
Location: ELFA Annual Conference 2026
 

London

People: Geoffrey Wynne

Geoffrey Wynne joined a panel discussion: “Trade Finance: Lessons from First Brands and Other Situations” at the ELFA Annual Conference 2026 on October 13 in London.

The panel examined how investors can learn from recent high-profile situations and adapt their credit analysis to address emerging risks in trade finance. Topics included the essential role of trade finance and its separate institutional frameworks, cohabitation on issuer balance sheets, structural credit risks such as hidden leverage, liquidity dependence and legal enforceability, as well as identifying red flags around double pledging.

The panel was moderated by Rebecca Clements at J.P. Morgan Asset Management, also Co-Chair of ELFA’s Disclosure & Transparency Committee, and included panellists Patrina Buchanan at the International Accounting Standards Board (IASB) and IFRS Foundation, Saul Casadio at M&G Investments and Ramadurai Krishnan at Global Credit Data (GCD).