Workshop on AML/CFT and Trade Finance 26 to 28 June 2019 Nadi, Fiji This three-day workshop gathered 40 representatives from 28 local commercial and international banks and government institutions from 11 countries in the Pacific region. Experts from ADB’s Trade Finance Program (TFP) updated participants on anti-money laundering (AML) and trade-based money laundering concepts, ADB’s customer due diligence and environmental and social safeguard standards, case studies to show how trade finance is evolving in the region and globally, as well as recent trends in supply chain finance. Program and Learning Materials 26 June 2019 27 June 2019 28 June 2019 Session / Activity Title Speaker(s) Session 1 Basic Anti-Money Laundering (AML) and Trade-based Money Laundering Concepts In this presentation, Mr. Syquia gives an overview of money laundering, including its stages, cycle, effects, and methods. He also emphasized the… Jose Luis Syquia Session 2 AML Briefing – Customer Due Diligence In this presentation, Mr. Syquia walked participants through the process of customer identification, due diligence, and monitoring and periodic… Jose Luis Syquia Session 3 Ultimate Beneficial Owners: International Standards and Practices In this presentation, Mr. Syquia guided participants in defining ultimate beneficial owners and applying the Financial Action Task Force (FATC)… Jose Luis Syquia Session / Activity Title Speaker(s) ADB’s Trade Finance Program ADB’s Trade Finance Program In this presentation, Mr. Sutken gives an overview of ADB's Trade Finance Program, including the program's components, performance in 2018, and its… Can Sutken Key Foundations of Trade Finance: Overview, Trends, Implications Trends in Trade Finance In this presentation, Mr. O'Brien gave an overview of the trade trends from around the world. He also discussed the outlook on global trade finance… Vincent O'Brien Key Foundations of Trade Finance: Overview, Trends, Implications Agreeing International Contracts In this presentation, Mr. O'Brien discussed the role of documents in international trade. He also discussed the International Commercial Terms … Vincent O'Brien Key Foundations of Trade Finance: Overview, Trends, Implications Trade Finance Product Workflow In this presentation, Mr. O'Brien discussed the process involving documentary credits, a payment mechanism in international trade which provides an… Vincent O'Brien Trade Business Trade Business In this presentation, Mr. Packham gave an overview on the benefits of trade finance, and the characteristics that make it low risk. He also shared… Roger Packham Session / Activity Title Speaker(s) Environmental and Social Safeguards for Trade Environmental and Social Safeguards for Trade In this presentation, Mr. Sutken presented the definition of sustainable trade finance, as well as the drivers of change in trade finance and the… Can Sutken Identifying Trade Opportunities and using the ADB’s Trade Finance Program Identifying Trade Opportunities and using the ADB’s Trade Finance Program Trade Loans: A Less Risky Alternative to Overdrafts In this presentation, Mr. Packham shares the definition, purpose, and applicability of a trade finance loan. He also underscored the advantages of… Roger Packham Correspondent Banking Solutions Correspondent Banking Solutions Utku Arik, Aktifbank Turkey Digital KYC Solutions Digital KYC Solutions: Everest In this presentation, Mr. Reid gave an overview and architecture of Everest's digital Know Your Customer platform, and how they process the on… Bob Reid Trade Finance Products in Action/Case Study Trade Finance Products in Action/Case Study In this presentation, Mr. O'Brien walked participants through the process of a typical trade facilitation deal, and discussed a case study to get a… Vincent O'Brien Trade Pooling LC Relay/LC Reissuance /Example Cases Letter of Credit Relay In this presentation, Mr. Packham and Mr. O'Brien gave an overview and the workflow for a Letter of Credit (LC) relay, and shares the challenges… Roger Packham, Vincent O'Brien Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Event Coordinator/s Pinky Rose Lustre Related Full Agenda Case Study: USDA Export Financing Program Case Study/Exercise: Applying for Documentary Credit Case Study/Exercise: Document Checking Exercise material: MT700 SWIFT LC Clauses ADB Organizer/s Private Sector Operations Department Read Also ADB's Trade Finance Program (TFP) News: ADB Workshop Strengthens Pacific Bank's Anti-Money Laundering Efforts Official Event Photos (Complete) Related Event: Seminar on International Rules and Practices for Secure International Trade Topics Industry and Trade Finance Private Sector