Trade Finance: Adapting to COVID-19

tongsimin / 2020-10-15

As the world grapples with COVID-19, the International Chamber of Commerce (ICC)has issued two guidance publications to help governments and regulators deal with emerging trade finance disruptions.

Despite the availability of digital solutions, trade finance transactions still rely almost exclusively on hard-copy paper documentation to process payments. In many jurisdictions, electronic trade documents are either prohibited or suppressed by undefined legal status. As governments continue to enforce necessary lockdowns to combat the spread of COVID-19, ICC has issued guidance to governments and central banks calling for wide scale adoption of electronic documents to avoid further market disruptions.


Join ICC experts as they discuss how banks are responding to the unprecedented disruptions caused by COVID-19; and how the ICC rules can be adapted to ensure the continuation of trade finance operations.

Get answers to questions such as:

What is the impact of COVID-19 on trade finance transactions issued subject to ICC rules?
What are the implications and limitations of any proposed change(s) in the rules?
Can COVID-19 be described as a Force Majeure event?
And more!

The livecast will last 1hr15 and will be followed by a Q&A session. Participants also have the opportunity to submit questions for the experts in advance during registration until 6:00 pm CET on Tuesday 21 April 2020.