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TFP Annual Event and Awards Ceremony 2018
The Trade Facilitation Programme (TFP) holds its annual awards ceremonies at the EBRD’s Annual Meeting to honour the most active issuing
and confirming banks involved in the Programme. The 2018 TFP Event and Awards Ceremony took place on 10 May 2018 in Jordan as part of the EBRD Annual Meeting and Business Forum.
The ceremony was attended by
the Governor of the Central Bank of Jordan, Ziad Fariz, hosted by Nick Tesseyman, EBRD Managing Director, Financial Institutions, and supported by David Yung-Lo Lin, Taipei Representative Office in the United Kingdom.
Mr Tesseyman said: “Trade
finance is an essential part of fostering economic development and growth. It is our partner banks that make progress happen by providing the financial means that allow companies to explore and conquer new markets. The EBRD is proud to be associated with this, and
our awards today are an expression of our recognition and appreciation.”
The awards ceremony marked
the end of the TFP’s information session. The event attracted over
250 representatives from issuing and confirming banks as well as decision- makers in trade finance, and enabled them to discuss industry challenges with leading specialists, including regulators.
The focus of discussions was on new challenges, such as the rising cost of complying with anti-money laundering (AML) and know-your-customer (KYC) regulations. Experts discussed the impact of de-risking in trade finance, streamlining and reducing KYC costs and the potential and future trends in AML and KYC. The EBRD TFP team presented its action plan to address current industry challenges and support partner banks with mastering these new tests. l
David Yung-Lo Lin, Taipei Representative Office in the UK, main sponsor of the TFP Information Session and Annual Awards Ceremony
Sergey Kostogryz, Raiffeisen Bank Aval, Ukraine chats to Marco Nindl, EBRD
RDS SPECIAL TFP AWARDS SPECIA