ICC-UAE Commission on Banking:


    About the Commission

    With over 80 years of experience and more than 600 members in more than 100 countries, the ICC Banking Commission - ICC largest commission - has rightly gained the reputation of being the most authoritative voice in the field of trade finance. The ICC Banking Commission produces universally accepted rules and guidelines for international banking practice. ICC rules and guidelines on documentary credits, entitled UCP 600, are the most successful privately drafted rules for trade ever developed, serving as the basis of US$2 trillion worth of trade transactions a year. The ICC Banking Commission is helping policy makers and standard setters to translate their vision into concrete programmes and regulations to enhance business practices throughout the world.

    More information about the ICC Commission on Banking can be found here.

    Mandate

    To serve as a global forum and rule-making body for banks worldwide, with particular focus on the financing of international trade.


    Leadership


    Chair
    Ahmad Lootah
    CEO & Managing Director
    Al Hilal Capital
    Vice Chair
    Huny Garg
    Head Trade and Supply Chain
    SWIFT
    K Nizardeen
    CEO
    FIB
    Coordinator
    Tom O’Brien
    Consultant & Technical Advisor
    China Systems
    Member
    Abdulkader Bazara
    Consultant
    Creative Trade Solutions FZE
    Ahmad Elayyan
    SVP – Head of Operations
    Ajman Bank
    Atif Raza
    Head of Sales & Advisory
    Commercial Bank of Dubai
    Graham Baldock
    Chief Compliance Officer/MLRO
    Anglo-Gulf Trade Bank
    Lakshmanan Sankaran
    Founder Chairman & CEO
    Fintech Innovations International
    Madhavan Thoopal
    Head of Trade Services
    National Bank of Fujairah
    Rahul Jayakar
    Head of Sales Global Transaction Banking
    Abu Dhabi Islamic Bank
    Reda Ezzat
    Head – Trade & Structured Finance
    Mashreq Bank



    Programme of Action

    Under the leadership of the Head and the Coordinator of the Commission, the Program of Action has been drafted in cooperation with the Steering Committee.

    • Hold one Commission Meeting and four Steering Committee Meetings.
    • Organize the 6th ICC-UAE Trade Finance Conference to highlight the latest developments in trade finance, global sanctions, insights on ICC trade finance survey results and outlooks for business in UAE.
    • Launch the Islamic Trade Finance Survey and develop Islamic Trade Finance Guidelines in partnership with the ICC Regional Banking Commission MENA.
    • Promote the ICC Banking Commission annual meeting in Jakarta.
    • Promote the finalized set of uniform rules for international factoring, in partnership with Factor Chain International (FCI).
    • Promote the ICC Trade Finance Register in partnership with the ICC Regional Banking Commission MENA.
    • Make recommendations to the Business 20/G20 process on key issues related to trade finance.
    • Help in promoting the ICC Academy educational offering in trade finance.