Golden Rules in Inventory Finance

Event details

Date

Tuesday, 17 November - 08:00

Place

TradeX Bank

Genre

Workshops and courses

Organiser

SUISSENÉGOCE

Description

Golden Rules in Inventory Finance Inventory finance is the backbone of the “real economy”. Each day banks and traders enter into transactions over millions of tons of commodities that are stored around the globe in warehouses, silos, tanks, yards or other storage facilities, be it oil & gas, soft commodities, metals or other commodities. The sums invested in inventory finance are substantial. If a transaction is badly planned or executed, the losses can be huge. On all levels, specialist knowledge is necessary, be it financial, operational or legal. At this one-day training course, a group of proven experts will share their know-how and the Golden Rules that any banker, trader or inspector should follow. If observed, these Golden Rules will help participants steer clear of the major risks. This day of intensive learning will start with presentations by each expert in their respective field of competence. Programme Session 1 Inventory finance explained (oil & gas, soft commodities, metals, etc.) Learn how to structure an inventory finance credit line (including Basel III requirements) Identify and mitigate legal and regulatory risks Session 2 Best practices in stock management, monitoring and collateral management Inspector’s professional liability insurance Detailed Agenda 08:00 – 08:30 | Welcome Coffee and Registration 08:30 – 08:45 | Welcome and Introduction Patrick Eberhardt Eversheds Sutherland Switzerland 08:45 – 10:15 | Banks and Inventory Finance What You Need to Know Philippe Guibert 10:15 – 10:45 | Coffee Break 10:45 – 12:30 | Legal and Regulatory Aspects of Inventory Finance Legal Aspects of Inventory Finance Patrick Eberhardt & Darya LatourEversheds Sutherland Switzerland Regulatory Aspects Matthieu Delorme – Saybolt International BV Philippe Guibert 12:30 – 14:00 | Networking Lunch 14:00 – 15:30 | Best Practices in Collateral Management and Monitoring Matthieu Delorme Saybolt International BV 15:30 – 16:00 | Coffee Break 16:00 – 17:00 | Liability and Insurance Matthieu Delorme – Saybolt International BV Patrick Eberhardt & Darya Latour – Eversheds Sutherland Switzerland 17:00 – 17:30 | Questions & Answers All Speakers Meet Our Speakers Patrick Eberhardt Partner – Eversheds Sutherland Switzerland Patrick Eberhardt is a partner with Eversheds Sutherland and is based in Geneva. He focuses on international trade and trade finance and advises banks, traders, inspectors and insurers in contentious and non-contentious matters. He regularly advises on sanctions and export restrictions. He represents his clients before state courts, arbitral tribunals and criminal authorities. Matthieu Delorme Global Agribusiness Director – Saybolt International BV Matthieu Delorme is Global Agribusiness Director at Saybolt International BV, a leading inspection company providing services to the commodities trading and trade finance sectors. Prior to that, Mr Delorme held similar functions at Cotecna Inspection SA for 18 years. Before entering the TIC sector, Mr Delorme occupied senior trading and management positions at commodity firms André & Cie. and Continental Grain Company, having started in the commodities business in the early 1980s with Grupo Espirito Santo. Mr Delorme’s first assignments took him to Latin America for a decade, followed by regional postings in Asia of similar duration until the late 1990s. Mr Delorme is now based in Switzerland, with a global mandate. Philippe Guibert Commodity Trade Finance Expert and Independent Consultant Since 1992, Philippe Guibert has held various senior positions in Commodity Trade Finance within major banking institutions in France and Switzerland, as well as with commodity trading companies. His responsibilities have included heading large international operational platforms, creating and supervising Collateral Control teams, managing relationship managers and credit analysts, and overseeing Energy, Metals and Mining, and Agribusiness sector coverage. Philippe is now an independent consultant in the commodities sector. In France, he was a member of the ICC National Committee and also served as an appointed expert on the ICC DOCDEX dispute resolution panel for documentary credit. Darya Latour Associate – Eversheds Sutherland Switzerland Darya Latour is an associate at Eversheds Sutherland and is based in Geneva. Her practice spans various areas of civil and commercial law, covering both advisory and contentious work in domestic and cross-border contexts. She regularly advises on sanctions and export restrictions. Registration Fees SUISSENÉGOCE Members: CHF 390 Non-Members: CHF 600 The registration fee includes a networking lunch and coffee breaks. Please note that the number of participants per company may be limited to ensure a diverse group of attendees.