Euromoney Audit Training

Course overview

In today's dynamic and fast-moving commodity markets, risk mitigation and the ability to swiftly devise structures and make available financing of transactions are keys to success.

Ongoing innovations and technological developments make the market more transparent. As a commodity banker, trader or even a producer, a flexible and creative approach to new services and products is extremely important in ensuring the best position in the market.

'Commodity Trade Finance' aims to brings delegates the latest updates on products, developments and risk management in commodity trade finance.

Summary of course content

• Determinants of price in commodity businesses
• Risk analysis of commodity flows
• Structures in commodity trade finance such as pre-export finance, buy-back, asset-backed finance and countertrade
• Securitisation of receivables and inventories
• Risk management in commodity trade finance
• Shipping aspects
• Default scenarios 

Methodology

The course is highly interactive, involving group discussions and frequent Asian/emerging market-based case studies.

Who should attend?

• Commodity bankers
• Traders
• Credit analysts
• Corporate bankers
• Risk managers
• Audit and compliance managers
• Lawyers involved in commodity trade finance

Trade Finance Products and Mechanisms - 13-15 June 2011, Bangkok

Supporting publications

 

  

   

DAY ONE

Commodities as a global business

• Determinants of price in commodity business
• The players and their competitive advantage

Financing commodity trades

• Commodity contracts
• Title documents in a commodity finance transaction
• Risk analyses of commodity flows
• Logistics and the value chain

Structures in commodity trade finance

• Pre-export finance
• Red Clause, Green Clause and other structures
• Tolling
• Inventory finance and Collateral Management Agreements
• Asset-backed finance
• Application of countertrade structures

DAY TWO

Securitisation of receivables and inventories

• Cash flow acceleration
• Off-balance sheet considerations

Risk management in commodity trade finance

• Risk mitigation in commodity trade
• Exchange-traded commodities
• Links between cash and futures markets
• Delivery to and from terminal markets

Shipping aspects of commodity trade

• Contracts of affreightment
• Voyage, time and trip charters
• Chartering contract format

Political, performance and other insurable risks

Case studies

Course conclusion and summary

• Srinath Keshavan

  Srinath Keshavan is a Trade Finance practitioner with 29 years experience in the Asia-Pacific region. His experience encompasses both commercial and financial aspects of International Trade. He worked for many years in Bills, Banking Operations and Credit & Marketing Departments of an international bank in Hong Kong. Since 1991, Mr. Keshavan has been associated with commodity-trading firms in Singapore as Head of Trade Finance and Risk Management. His expertise relates to structuring financial arrangements for international trade transactions, raising credit lines and managing banking relationships. Mr. Keshavan heads a trade finance consultancy in Singapore. His seminars provide clarity over technical concepts and offer participants the opportunity to reinforce their own understanding of the subject through practical illustrations.

  Courses run by this instructor

  • Trade Finance Products and Mechanisms
  • Structured Trade and Commodity Finance

Interested in holding this course in-house? Please fill out your details and a member of our team will be in touch with more information.

Trade Finance Products and Mechanisms

25-27 Jun 2012 (Singapore, Singapore)
19-21 Nov 2012 (Hong Kong, Hong Kong)

All trade finance practitioners, from banks and multinational corporations, credit rating agencies and regulatory authorities cannot afford to miss this programme which enables you to mitigate, change and stylise your trade finance strategies. Also see Commodity Trade Finance. Attend both courses and receive a discounted fee of US$7,200.

Structured Trade and Commodity Finance

24-27 Sep 2012 (Singapore, Singapore)

Structured Trade and Commodity Finance is designed to appeal to professionals interested in risk management and financing of physical flows of commodities.