FIMBank Hosts Trade Finance Compliance Seminar

27.06.2016

FIMBank recently hosted a seminar on the subject of Trade Finance Compliance at its St. Julian’s Head Office. The seminar, which was run by Kim Sindberg, an internationally-recognised Trade Finance Compliance specialist ,  examined current issues relating to  Trade Compliance and their underlying effects on business operations.  Professional Trade Finance Compliance ensures the protection of  cross-border business, and  includes measures to avoid delayed payments and delivery, mitigating geographic and socio-economic instability, fluctuations in currency, and other unforseen risks. Trade Finance Compliance enables  financial institutions such as  banks, to maintain healthy relationships with clients based on trust.

Commenting on the seminar, Charles Wallbank, Head of Banking Operations at FIMBank, stated that “The session on Trade Finance Compliance  has proven to be of immense value, providing technical insights which are very important in the context  of frequent developments in Trade Compliance”.  Kim Sindberg is a regular speaker on Trade Finance Compliance issues and is considered an authority on the subject. He currently sits as chairman of the ICC Denmark Trade Finance Forum and is the Editor in Chief of specialist electronic newsletter Trade Services Update.

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