ICC to organise blockchain technology seminar in Accra

The International Chamber of Commerce Ghana (ICC Ghana) is organising an advanced seminar on global developments in trade finance for the business community.

This seminar slated for 14-15 August 2018 at the British Council, Accra will provide two days of structured training on new developments in international trade finance with practical sessions on international best practices in documentary credits, explaining current developments and issues related to interpretation of UCP 600 and revised ISBP 745E the ICC rules for Documentary Credits.

The workshop which will also focus on blockchain will as well review and assess the latest developments in blockchain technology for supply chain finance.

Presenting both an introduction to block chain and detailed use cases from the industry, the seminar will provide attendees with a deeper understanding of how blockchain and distributed ledger technology are impacting the supply chain ecosystem and what this means for your business.

Other issues will include new developments in international bank guarantees with particular emphasis on implementation of URDG 758 ICC Rules for demand guarantees and trade finance fraud prevention. Significant time will be devoted to operational issues, practical case studies.

The training among other topics has been specifically designed to address current issues in the global economy the shift towards traditional means of payment as the most secure payment instrument; as payment risks and uncertainty escalate.

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The two-day training seminar is designed for bankers working in trade finance, particularly in documentary payment and export/import finance departments, specialists in trade finance; front office bank specialists, relationship managers; Senior bank managers, strategists, product development specialists.

It is also targeted at equipping bankers working in treasury, corporate banking departments, cash pooling, etc.; Corporate senior managers, traders, carriers, freight forwarders, as well as academics, vendors of banking systems, lawyers and all others interested in new development in the area of Trade Finance.

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