Welcome to
Citi's Online Academy
Citi's Online Academy offers you the "anytime, anywhere" convenience of the Internet to access and participate in an array of educational webinars. These programs will help keep you up-to-date with both today's quickly-changing environment and our latest solutions and offerings. Online Academy sessions are led by Citi "professors" and industry experts and conducted in an intuitive, interactive format that encourages the exchange of information and ideas among participants.
If you have a question for one of our "professors", a topic you would like to suggest, or would like to be added to our webinar communications list, please contact us.
Program Archive
Creating a Culture of Risk Awareness: Anti-Money Laundering
Citi's Online Academy is pleased to present an exclusive webinar for FI clients on Creating a Culture of Risk Awareness: Anti-Money Laundering.
As globalization continues, governments and their regulatory committees are looking to implement further protection policies to assist in mitigating risks. In this session Citi expert, Denise Reilly, Senior Compliance Director, will present a basis for risk management strategies through programs such as:
- Global Anti-Money Laundering (AML) Program and
- Know Your Customer (KYC) requirements
Please join us for more information.
When:
Session 1 –
Asia:
June 22, 2011
10:00 a.m. HKT
Session 2 –
Americas/EMEA:
June 23, 2011
11:00 a.m. EDT
Speakers:
Denise Reilly, Head of Anti-Money Laundering for Citi Transaction Services br />
Understanding Letter of Credit Discrepancies
In this webinar, Citi’s Trade Advisory team will provide insight on how to handle discrepancies under commercial letters of credit. On a daily basis, banks the world over receive document presentations that do not comply with the terms and conditions of credits that they have issued or advised. Identifying these discrepancies, understanding the related risks and securing payment for the beneficiaries are among the topics of this discussion.
Specifically, our presenters will address:
- Defining a discrepancy
- Standards for document examination
- UCP 600, Articles 14, 15 and 16
- The most common discrepancies
When:
Session 1 –
Americas/EMEA:
May 17, 2011
10:00 a.m. EDT
Session 2 – Asia
May 19, 2011
10:00 a.m. HK
Speakers:
Session 1:
Roland Satchell, SVP & CDCS
Jerry Glock, VP & CDCS
Session 2:
Pamela Woon, SVP & CDCS
Prabhu Karunakaran, AVP & CDCS
Currency Updates – RMB Currency
Citi Online Academy is pleased to present an exclusive webinar on Currency Updates - RMB Currency. With an annual cross-border trade flow of USD 3 trillion and as the second largest economy in the world by GDP, China is unquestionably a major international trading force. Following the regulatory changes allowing trade settlement in RMB, China payments market has fundamentally altered. While there is tremendous opportunity in the RMB payments space there are also regulatory nuances that one needs to maneuver in order to be successful in this market.
During this session Citi’s Payments experts will discuss:
- Overview of the internationalization of Renminbi (RMB) Liberalization of the onshore market in China Offshore development in Hong Kong What to look for in an Asia Payments Banking partner.
When
April 28, 2011
Speaker:
Emma Loftus – Managing Director
Vanessa Lin – Director, Global Clearing Product
Trade in the New Regulatory Environment
Exclusive Webinar with GTR’s Shannon Manders and Citi’s John Ahearn
This session explored the worldwide impact of Basel II/III and other legislation on the trade service and finance business of bank and also the effects of the latest sovereign and political crises on global trade.
Specific topics included:
- Capital requirements and other ratios
- The Dodd-Frank Act
- Implementation timelines
- Industry responses to Basel III
- Importance of risk distribution
When
March 30, 2011
The Importance of Real-Time Reporting Capabilities in Payments
The Importance of Real-Time Reporting Capabilities in Payments
This session, Citi's Payment specialists covered topics such as:
- The need for real-time tools
- Introduction to PFM and how to use PFM to increase your competiveness (Case study)
- Introduction to Payment Advisor and its benefits
As banks around the world emerge from the recent economic downturn, there is a continuous need to proactively monitor their liquidity, manage counter-party risks and maximize their operational efficiency to improve margin. These objectives can be achieved by utilizing easy-to-use cost effective tools. Citi's Payment Flow Manager is a real-time online application with a host of rich features and functionalities helping banks to achieve the above goals.
When
March 22, 2011
Speaker:
Vanessa Lin – Director and USD Clearing Global Product Head
Shelly-Ann Gordon – VP and USD Clearing Product Manager
SEPA - acceleration of migration via EU regulation
Speaker:
Ruth Wandhöfer
Head of Market Policy and Strategy
Citi Transaction Services, Citi
With the official publication of a proposed EU Regulation on SEPA of the 16th of December the ongoing SEPA EU payments integration project is moving into its next phase. Whilst currently we are observing a mere 9.6% of euro credit transfers being processed via SEPA, whereas SEPA Direct Debits are representing still far less than 1%, the EU Commission has taken action to accelerate SEPA migration with the help of legal intervention.
This webinar will begin with exploring the current market state of play to then examine some of the key positive as well as potentially negative proposals of the EU Regulation text as published. The consequences of migrating to pan-European credit transfer and direct debit schemes will be assessed in terms of the different user as well as provider groups. At the same time, the question of what this will mean for different client types outside of Europe will also be addressed.
When
January 12, 2011
Incoterms 2010
On December 7, 2010 Citi's Online Academy's hosted an exclusive webinar for our FI clients. The session, In tune with Incoterms 2010, covered the International Chamber of Commerce's most recent release of their International Commercial Terms (Incoterms). In this session, Citi's Trade experts conducted an in-depth review of the 11 Incoterms and their specific uses in trade transactions. The discussion also covered topics such as "Why do Incoterms exist?" and "What do they mean?".
When
December 7, 2010
Citi’s Online Academy: Leading with RMB Clearing – Addressing Fundamental Changes in China's Market
The payments market in China has fundamentally altered following regulatory changes allowing trade settlement in Renminbi (RMB.) This session provides perspective for banks to understand these changes and infrastructural environment covering RMB payments and settlements.
Join Citi experts, Emma Loftus, Global Head of FI Payments, and Vanessa Lin, Global Payments Product Manager, to discuss the current economic landscape in China, objectives of RMB as a global settlement currency and market impact of the Cross-Border Trade Settlement pilot. You will also learn more about solutions available to financial institutions participating in the local RMB clearing infrastructure and making payments into China.
Region: Global
27 July 2010 and 29 July 2010
General meeting of shareholders – Citi Handlowy update on market standards and proxy voting process in Poland
Following the efforts of a Citi Handlowy-led initiative on shareholders meetings and proxy voting, a Steering Committee and three working groups have subsequently been established to review Shareholders' Meetings Standards and to formalise common market practices within the new framework relating to shareholders' meetings and proxy voting.
The first draft of the standards report was published in August 2009, it is anticipated that the second draft will be available in April 2010. In this presentation we shared further details including the scope of the proposed standards and how it will impact our clients in the future.
Region: EMEA
20 May 2010
Citi’s Online Academy: Mitigating Risk Through the Utilization of Trade Facilitation Programs
Join experts Bill Morrissey, Director of Trade Sales at Citi, Joao Vianei da Silva, Senior Trade Finance Officer at Inter-American Development Bank and Zeynep Ersel, Global Marketing Officer, Global Trade Finance Program at International Finance Corporation. This panel of experts will discuss their Trade Finance Programs, as well as the strategy and main goals surrounding these initiatives. Topics will include:
- Program features and transaction flows
- Recent initiatives
- Global coverage
- Pre export financing
- Post import financing
Region: Global
19 May 2010
Citi’s Online Webinar: Changes to the US Withholding Tax System
This webinar answered such questions as:
- What is the Foreign Account Tax Compliance provisions?
- What will be the impact on Foreign Financial Institutions?
- How will it impact other foreign entities?
- What is the best way forward to cope with the legislation?
For the replay details and the presentation, please see the below links.
Region: EMEA
17 May 2010
European Shareholder Rights Directive in Italy: Where Do We Stand?
Citi Milan was pleased to provide an update on the status of the implementation of the European Shareholder Rights Directive in the Italian Market. This webinar focused on:
- The major changes to the General Meetings participation rules
- Introduction of the record date concept
- Electronic voting
- Innovations to proxy services provided by issuers
- Shareholder disclosure requirements
Citi continues to be directly involved in discussions and meetings with regulators with the aim of implementing this directive in Italy in the most efficient way. Changes are due to become effective for meetings called after November 1, 2010.
For the replay details and the presentation, please see the below links.
Region: EMEA
6 May 2010
General meeting of shareholders – Citi Handlowy update on market standards and proxy voting process in Poland
Following the efforts of a Citi Handlowy-led initiative on shareholders meetings and proxy voting, a Steering Committee and three working groups have subsequently been established to review Shareholders' Meetings Standards and to formalise common market practices within the new framework relating to shareholders' meetings and proxy voting.
The first draft of the standards report was published in August 2009, it is anticipated that the second draft will be available in April 2010. In this presentation we shared further details including the scope of the proposed standards and how it will impact our clients in the future.
Region: EMEA
6 May 2010
Citi's Online Academy The Changing Shape of Global Trade: How Banks Are Moving Forward
Graeme Burton, Editor of Trade & Forfaiting Review, hosts a panel discussion with John Ahearn, Citi Global Head of Trade, and Carl Stocking, Head of Market Management for Citis Bank Services Group. Together they discuss the current trade environment, drivers of trade moving forward and the impact on banks trade business.
To hear the replays of this webinar and download a copy of the presentations please follow the below link
Region: Global
4 March 2010
Citi’s Online Academy: Third Party Clearing for Exchange Traded Derivatives in Turkey
Following the recent announcement that clients can now clear Turkish exchange-traded derivatives with Citi, Citi presented an opportunity to hear from our experts on this new offering in the market. This solution is in response to the new 'Give Up' regulation initiated by the Turkish Derivatives Exchange (TurkDEX) and its clearing house Takasbank.
In this webinar, Securities Country Manager, Gunsel Topbas provided an overview of how you can use this service to enhance operational, financial, risk and cost efficiencies.
Region: EMEA
4 March 2010
Citi’s Online Academy: Israel MSCI Reclassification
Following the announcement in June 2009 by MSCI Barra, Israel will be upgraded in May 2010 to developed-market status from emerging-market status and will be included in the MSCI World Index.
In this webinar, Securities Country Manager David Levy provided an overview of Israel’s securities market and discussed the potential implications of the reclassification and the resulting opportunities for investors and custody clients.
Region: EMEA
24 February 2010
UCP 600 for Importers
In this special 90-minute session for importers, Citi expert Victor Pena provides a brief overview of the history and process of UCP, as well as a high level comparison of UCP 600 versus UCP 500. From there, Introduction to UCP 600 for Importers examines the key articles that make up the new guidelines.
27 and 29 March 2007
UCP 600 for Exporters
In this special 90-minute session for exporters, Citi expert Victor Pena provides a brief overview of the history and process of UCP, as well as a high level comparison of UCP 600 versus UCP 500. From there, Introduction to UCP 600 for Exporters examines the key articles that make up the new guidelines.
13 and 15 March 2007
Standby Letters of Credit: Expect the Unexpected, Understand the Risks
Professors Fran Martell, Global Product Manager and Charnell Williams, Department Manager – Standbys, explore critical issues impacting SBLCs in today's global environment. Specifically, outlining key considerations for a wide range of conditions including:
- Quick Review-Definition/Flows/Principles
- Operative Clauses
- When Amendments are effective
- Beneficiaries – One or more
- Transfers/Evergreens
- Cancellations
Introduction to UCP 600
Understanding the Risks of Standby Letters of Credit
Learn how to use Standby LCs more effectively by gaining a better understanding of global practices, as well as the local country factors that impact your business. Specifically, this session explores:
- The basics of how corporations use Standby LCs to their benefit
- Special conditions impacting the availability of Standby LCs
- The various governing rules and laws of Standby LCs
- Your role as an Applicant or Beneficiary
21 and 22 June 2006
CitiDirect BE Mobile, a new mobile channel for CitiDirect
As the global economies continue to develop and widen, we have seen substantial moves in consumer behaviors toward the adoption of mobile technologies. Now more than ever people across the globe are relying on mobile technology to complete everyday tasks. CitiDirect BE Mobile enables clients to access CitiDirect for Cash through their mobile phones. Through CitiDirect BE Mobile, clients can view and authorize payments via a mobile phone's web browser. This new solution provides clients a secure, convenient and reliable way to transact business anywhere and everywhere, real time. This information session will provide an overview of what CitiDirect BE Mobile is, how it benefits our existing CitiDirect clients and the key considerations when offering this solution.
When:
Tuesday October 4, 2011
2:00 p.m. - 3:00 p.m. ET
Speakers:
Mike King - NA Channel Services Market Manager
Thomas Ko - Global Product Head for Mobile Solutions
Volatile Markets, Changing Regulations: Considerations for Cash Investing
In the face of volatile financial markets, slowing developed economies, and changing regulation, what can Treasurers do to safeguard and invest corporate cash? And, are there lessons to be learned and applied from not-so-distant past crises?
Please join us for a timely update, led by industry experts from around the world. Citi is pleased to invite Cathy Gregg, partner of Treasury Strategies, to provide insights based on her firms’ consulting to global corporates and financial institutions. She will be joined by a panel of Citi experts - Hugo Parry-Wingfield from London, and Philippe Jaccard from Hong Kong – who provide their unique insights gleaned from their extensive work with Citi clients in Europe and Asia, respectively.
When:
Tuesday Sept 27, 2011
Time 9am EDT; 2pm BST; 9pm HKT
Speakers:
Philippe Jaccard - Asia Region Head
Liquidity & Investments, Citi
Hugo Parry-Wingfield -
EMEA Market Management Head
Liquidity & Investments, Citi
Cathy Gregg -
Partner & Director
Treasury Strategies Inc.
Legal Entity Identifier: fulfilling the needs of global financial services firms and regulators
Enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd- Frank) in response to the financial crisis of 2007-2010 has resulted in significant changes in the financial regulatory environment affecting all Federal financial regulatory agencies and almost every aspect of the nation’s financial services industry. Chief among the goals of Dodd-Frank is to reevaluate systemic risk so as to best promote financial stability. The development and implementation of a global Legal Entity Identifier (LEI) is seen as a critical prerequisite in order to measure, monitor and manage risk in the financial markets and also provides opportunities to improve operational efficiency and customer service within the financial services industry.
As part of Citi’s Citi Transaction Services continuing efforts to keep our clients informed of important developments, we are pleased to invite you to participate in a presentation on "Legal Entity Identifiers" (LEI). The session will focus on:
- Global Drivers for Standards and Consistent Data
- The Dodd Frank Act and Financial Stability
- Need for a Global Legal Entity Identifier Standard
- What is Next? Using the LEI
- Citi Leadership and Involvement in Industry Standards/Issues
- Resulting benefits for clients
When:
September 8, 2011
3:00 p.m GMT
10:00 a.m. EST
Speakers:
Ron Guggenheimer - Data
Management and Quality Director,
Treasury & Trade Services
Michael Knorr - Global Head of
Connectivity Services &
Capabilities, Treasury & Trade
Services
Karla Mc Kenna - NA Market
Practice and Standards Director,
Securities and Fund Services
What's Next in the World of eBills and ePayments
Consumers are increasingly shifting from cash and checks, to electronic methods of payment. Businesses are quickly following suit, and as result, companies are changing the way they do business. Join Citi's experts as they explore the impact of this shift from paper to electronic. We will discuss the different ways corporations are leveraging this shift in the market and the strategies being utilized to maximize business benefits.
Specific topics will include:
- Trends in electronic receivables and the market’s reaction
- The discrepancies between electronic consumer and business transactions
- Up-and-coming market strategies and solutions
- What to consider when going electronic
When
July 12, 2011 – 2:00 p.m. EDT
Speaker:
Adam Hoffman – Senior Product Manager,
North America Electronic Receivables
Citi's Online Academy: Doing Business in Iraq
As the Iraq economy is poised to grow exponentially, the potential returns for new entrants in the country are significant. However, without a focused entry strategy, companies wishing to capitalize on opportunities for long-term development face challenges that can impede rather than propel their investment ambitions. Drawing on a deep knowledge of Iraq's social, political and business environment and one of the largest correspondent banking networks with more than 100 branches across Iraq,
Citi can put its long-standing, on-the-ground capabilities and global banking expertise to work for you. Since 2003, Citi has been supporting clients in Iraq; today more than 30 multinational organizations across the energy, public sector and other industrial sectors use Citi to manage their supply chain, whether operating in-country or exporting into Iraq.
Citi Citi Transaction Services invites you to join this webinar to hear from our experts in the region on how best to invest, operate and do business in Iraq.
When
June 30, 2011
Speakers:
Peter Langshaw -
Citi Transaction Services
Global Industry Head, Energy, Power,
Chemicals and Mining, Client Sales Management
Dennis Flannery -
Country Head, Iraq
Faraz Haider -
Citi Transaction Services
Trade Head, Middle East & Pakistan
Rohit Fernandes -
Citi Transaction Services
Client Sales Manager, UAE & Iraq
Anders Henckel -
Citi Transaction Services
Export Agency and Finance Head, Middle East & Pakistan
Your Name:
Recording ID: 3734541
Attendee Key: GW?2s8d
USD Extended Remittance Information – How the Funds Transfer Channel is Improving
If information is the heart of business, then changes in the USD Funds Transfer delivery channel will prove vital to the business community.
In this session we will review Citi's participation in formulating the market practice for this promising new capability and how the bank is planning to support and leverage expanded information for client benefit. We will examine the delivery channel changes that include extending remittance information up to 9,000 characters, which can accommodate between 25-30 invoices. The format of this information will be consistent with ISO standards and will allow organizations to use existing protocols to structure the data, allowing effective communication between debtor and creditor.
When:
June 29, 2011
10:00 a.m EST, 3:00 p.m GMT,
Speaker:
James Santangelo – Product Manager, TTS Integration & Data Services
Perry Leblanc – North America Market Manager, Payments
Managing Corporate Cash and Investments in an Evolving Regulatory Environment
Changing economic, market and regulatory conditions have focused attention on how to improve cash and investment management. Several leading Treasury departments have successfully moved to a more focused process for managing investments across multiple countries and currencies for their multinational corporations.
In this session Citi experts will provide updates on:
- The global economy and financial markets
- New and proposed regulatory changes impacting treasury management practices
- How companies are establishing processes and infrastructure to improve control and visibility, strengthen risk management, and increase transparency over investments
- Working with banking partners that support achievement of your goals
When:
June 28th, 2011
4:00 p.m BST
11:00 a.m EDT
Speaker:
Michael Berkowitz – NA Market Management Head, Liquidity, Investments & Information Services
Mali Bartlett - Global Product Management Head, Citibank Online Investments
Citi Online Academy for Singapore Corporates on Essentials to Incoterms and ICC Opinion Updates.
This webinar is designed to provide insights to the latest updates to Incoterms (International Commercial Terms) that define the rights and responsibilities in the delivery of goods, plus review the ICC Opinion updates. It will also help explain the usage of UCP 600 for your Letter of Credit transactions.
Citi's senior Trade Advisors will cover:
- Why do Incoterms exist and what do they mean?
- What are the key changes in Incoterms 2010?
- How can Incoterms 2010 be used effectively in trade transactions?
- The most common discrepancies
- How do the ICC Opinions affect the utilization of the UCP 600 rules for Letters of Credit?
When
June 28, 2011
Speakers:
Pamela Woon - Senior Trade Advisor, Citi Transaction Services, Asia Pacific, Citi
Prabhu Karunakaran - Trade Advisor, Citi Transaction Services, Asia Pacific, Citi
Understanding Letter of Credit Discrepancies
In this webinar, Citi's Trade Advisory team will provide insight on how to handle discrepancies under commercial letters of credit. On a daily basis, banks the world over receive document presentations that do not comply with the terms and conditions of credits that they have issued or advised. Identifying these discrepancies, understanding the related risks, and securing payment for the beneficiaries are among the topics of this discussion.
Specifically, our presenters will address:
- Defining a discrepancy
- Standards for document examination
- UCP 600, Articles 14, 15 and 16
- The most common discrepancies
When
June 14, 2011
Speakers:
Roland Satchell – SVP & CDCS
Jerry Glock – VP & CDCS
Citi SWIFT Xchange
Does connecting to multiple bank partners seem like a daunting task? For many corporates, SWIFT offers a viable option for simplifying and standardizing this process.
In this session you will learn about Citi SWIFT Xchange, our innovative connectivity solution designed to meet your evolving treasury needs. We will review our centralized BIC solution which allows all Citi SWIFT traffic to be sent to a single BIC regardless of the destination of the transaction as well as our value-add response messages. We will also provide you with our Citi perspective on SWIFT trends and changes in the market.
When:
June 8, 2011
10:00 a.m EDT, 3:00 p.m GMT,
Speaker:
Michael Knorr – Global Head of Connectivity Services & Capabilities
Rene Schuurman – Global Product Manager, Connectivity Services
Dimitry Simakov – EMEA Product Manager, Connectivity Services
Enabling an efficient and holistic liquidity management framework yields exponential results
Corporate liquidity and intercompany funding is a prime focus for global enterprises. A well run program yields opportunities to control funding sources and costs, manage tax liabilities and FX exposures, capitalize on repatriation, and reduce the overall risk profile. Designing a flexible program that leverages people, processes and technology as well as incorporating the latest best practices and market expertise establishes an efficient and holistic framework.
This session will provide insights into implementing and managing a best-in-class liquidity management structure that is appropriate for your business and allow you to compare experiences and benchmark the success of Citi’s clients and your peers.
When
June 2, 2011
Speakers:
Cindy Gerhard – Global Product Management Head, TreasuryVision
Michael Botek – Global Market Management, Liquidity
Managing your Freight Spend and Freight Carrier Relationships
Citi's Online Academy is pleased to present an exclusive webinar for Corporate Clients, Managing Your Freight Spend and Freight Carrier Relationships
For many organizations, freight spend is challenging to manage. Between receiving, approving and reconciling freight invoices to payment, reconciliation, and financing for the carriers, organizations face daunting challenges.
Join Citi’s Integrated Freight Processing team in understanding how to better manage your entire freight process as well as to gain a knowledge of the tools available to make the process more effective.
The Evolution of Corporate Receivables – From Paper to Electronic and Mobile
Citi’s Online Academy is pleased to present The Evolution of Corporate Receivables – From Paper to Electronic and Mobile.
Join Citi’s experts as they explore the impact of the global shift in receivables from paper-based transactions to electronic and mobile transactions. We will also discuss how corporations are leveraging this shift in the market and the strategies being utilized for maximizing consumer adoption.
Specific topics will include:
- The transition from paper to electronic and mobile
- Trends in emerging and developed markets
- The responses of corporations and consumers
- Beyond banking – capturing transactional information at the consumer level
- What to consider when developing your strategies moving forward
When
May 17, 2011
Speaker:
Vikram Gupta – Senior Global Product Manager, Citi
Joseph Alonzo – Mobile Receivables Global Product Manager
Making Domestic Payments
Citi Online Academy is pleased to present an exclusive webinar on Making Domestic Payments. In this session, Citi’s Payments experts will cover current, global market trends, Citi’s diverse Domestic Payment capabilities and Citi’s Global Shared Service Center initiative:
- Citi Domestic Payments provides local and cross-border payment services to clients across the globe and lies at the heart of the Treasury and Trade Solutions value proposition
- With on-the-ground presence in over 100 countries and with the industry’s largest global distribution network of 135 countries, our goal is to be the undisputed global market leader in innovative, integrated domestic payment solutions
- Citi’s key domestic payment product offerings include: Funds Transfers, ACH, Checks and PayLink (an integrated local payment solution)
- Clients’ need for effective payments management is key to working capital and treasury operational efficiencies, as they work to:
- Enhance working capital management, liquidity, days payables and efficiency
- Improve accuracy and timeliness of payments
- Increase flexibility and cost effectiveness of payment types
- Centralize processing and reconcilement
- Prevent fraud by providing secure payment methods
- Citi’s expertise as a trusted Shared Service Center advisor to over 700 SSCs across the globe
When
May 4,5, 2011
Speakers:
Session 1:
Marcelo Torres-Lutz, Global Head of Domestic Payments
Sandip Patil, Regional Head of Asia Payables and Receivables
Session 2:
Marcelo Torres-Lutz, Global Head of Domestic Payments
Perry LeBlanc, NA Domestic Payments Corporates Market Manager
Juan Carlos Lozano, LATAM Head of Payments and Information Services
Anupam Sinha, Head Corporate Payments, EMEA
Latin America: Doing Business in a Changing Landscape
Latin America is a region of emerging economies offering many opportunities. It is also a region with an ever changing legal and regulatory environment requiring corporations to focus on potential limitations and risks across the market landscape. Market Insights and careful structuring within this region will allow you to unlock cash and efficiencies in this popular growth region and serve as keys to an optimized investment strategy.
This session explores how to:
- Navigate the market landscape – What are the local rules and regulations that impact the movement of cash?
- Understand the banking system – Required infrastructure to support treasury operations
- Mitigate risk in an evolving region
- Integrate the Latin America region into your global treasury operations
When
May 3, 2011
Speaker:
Leonardo Gazzo – LATAM Region Head, Global Liquidity & Investments
Brenda Torres – Regional Relationship Manager, LATAM Sales
Doing Business in China: Implications of RMB Internationalization for Multinationals
China continues to take steps towards financial liberalization, including the gradual internationalization of the Renminbi. If you operate in China, as these steps gain traction, you will see significant opportunities to evolve treasury management practices. As usual, the devil is in the details and it is important to assess the various aspects of ongoing changes to identify the most relevant opportunities.
In this session, Citi's treasury experts will:
- Review what is happening, with a focus on RMB Internationalization
- Discuss available and evolving solutions, as well as challenges
- Explain what strategies multinationals are deploying
When
April 5, 2011
Speakers:
Philippe Jaccard – Asia Region Head, Global Liquidity & Investments
Gourang Shah – Global Solutions Management Head, Global Liquidity & Investments
Making Payments in Dynamic Markets: Risk Awareness and Mitigation
In this session, Citi’s cross-border payments experts discussed the ins and outs of making payments in difficult markets. This session recapped some of the major economic and political changes we have seen over the past few months and reviewed the impact of the business risks associated with these events.
The session also provided clarification on a variety of risk categories including geopolitical risk, market risk, sovereign risk, and liquidity risk and discussed best practices in mitigating these types of risk across the cross-border payments spectrum.
Speakers:
Michael Vallance
Managing Director
Global Head of WorldLink® Payment Services
Michael Murtha
Director
Global Head of WorldLink® Foreign Exchange
Money Market Funds: Navigating an Evolving Industry
The effective investing of cash continues to be a key area of effort for Treasurers and Risk Managers alike, with Money Market Funds remaining a core investment tool for many. However, the ever increasing requirements over transparency and accountability have driven firms to tighten oversight of their investment practices. As a result, the funds themselves are also rapidly evolving the ways in which they are managed and governed to meet these needs.
In this session you will hear from Citi subject matter experts and some of the leading fund providers, offering:
- Insights into the latest investor trends and evolving requirements for the end investment of cash and how it is accessed
- Viewpoints from the fund managers themselves and how they see their industry evolving further
- Information to help navigate the variety of new and proposed changes from regulators, rating agencies and industry bodies
When
March 3, 2011
Speaker:
Hugo Parry-Wingfield – EMEA Market Management Head, Liquidity & Investments
John Carter – Global Market Management, Investments
In Tune with Incoterms 2010
In January of 2011 Citi's Online Academy's hosted a series of exclusive webinars for our Corporate clients. The series, In tune with Incoterms 2010, covered the International Chamber of Commerce's most recent release of their International Commercial Terms (Incoterms). In the sessions, Citi's Trade experts conducted an in-depth review of the 11 Incoterms and their specific uses in trade transactions. The discussion also covered topics such as "Why do Incoterms exist?" and "What do they mean?".
When
January 18, 19, 25, 2011
SEPA - acceleration of migration via EU regulation
Speaker:
Ruth Wandhöfer
Head of Market Policy and Strategy
Citi Transaction Services, Citi
With the official publication of a proposed EU Regulation on SEPA of the 16th of December the ongoing SEPA EU payments integration project is moving into its next phase. Whilst currently we are observing a mere 9.6% of euro credit transfers being processed via SEPA, whereas SEPA Direct Debits are representing still far less than 1%, the EU Commission has taken action to accelerate SEPA migration with the help of legal intervention.
This webinar will begin with exploring the current market state of play to then examine some of the key positive as well as potentially negative proposals of the EU Regulation text as published. The consequences of migrating to pan-European credit transfer and direct debit schemes will be assessed in terms of the different user as well as provider groups. At the same time, the question of what this will mean for different client types outside of Europe will also be addressed.
When
January 12, 2011
Global Liquidity & Investments: Year End Webinar
The “New Normal” for Treasury Management
Best Practices for Running a World Class Treasury Organization
Learn about best practices employed by some of the leading global organizations, their behavioral trends over the last year and the ways that Citi is helping clients achieve best in class performance, deploying its award-winning services to create tailored solutions around the globe.
When
December 7,8, 2010
Citi’s Commercial Cards Meeting and Event Solutions Webinar
On November 17, 2010 at 11:00 a.m. (EST) the Global Commercial Cards team hosted: Citi’s Meeting and Event Solutions webinar. This webinar was presented by Julie Lubell, Global Commercial Cards Product Manager.
This session covered:
Meetings and Events Overview
- State of the Industry
- Potential Savings from Effective Meetings Management
- Citi’s Meeting Management Methodology: SPARE SM
- Benefits Gained from a Meetings Payment Solution
Citi’s Meetings Solutions
- Citi’s Meeting Card
- Citi’s Declining Balance
- Citi’s Virtual Card Account (VCA)
- Meeting Management Software Integration
- Meeting Management Reports and Data Analytics
Commercial Cards Citi Canada: Business and Product Update
On November 15, 2010 Citi Canada presented a business and product update webinar, customized for Canadian clients, on Citi’s Commercial Card offerings.The session was presented by John Landry, Citi Transaction Services Canada Head, Shams Umar and Taira Hall, Citi Transaction Services Commercial Payment Product Managers.
This session covered:
- An Overview of Citi Commercial Cards Business in Canada
- A discussion on Citi’s Team and Product support structure
- Improved Client Service Delivery
- Integrated Voice Response Technology
- Citi’s innovative new products and services including:
- Citi’s Virtual Card Accounts (VCA)
- CitiManager
- Citi’s Procure to Pay solution
- EMV Chip/ PIN initiative for Citi’s Commercial Card applications
When
November 15, 2010
Citi’s Working Capital Analytics: Driving Opportunities by better Understanding Your Spend
There is a tremendous amount of Working Capital and revenue tied up in organizations’ payables.This webinar provided insight on how organizations can unlock this value by understanding the characteristics of their spend and how Citi’s analytical tools can help them to uncover the opportunities within their payables process. This session was presented by: Ena Gupta, Associate, Procure to Pay Product Management, Peter Schiff Smith, Vice President, Procure to Pay Product Management and Ed Simpson, Director, Procure to Pay, Citi Citi Transaction Services
When
November 4, 2010
Citi’s Online Academy Presents:
1099 Reporting and VAT Webinar
This session was presented by Dave Ruda, NA Product Manager and Xavier Szebrat, EMEA Product Manager and reviewed updates to 1099 Reporting and VAT (value added tax).
This session covered:
- How to Utilize Citi for 1099 Reporting
- 1099 Reporting Changes in 2011
- Introduction to VAT and VAT Reclaim Process
- Citi Offering in EMEA (Europe, Middle East and Africa)
- Level 3 Data Provision and VAT Reports
- 3rd Party L1 to L3 conversion
- Global solution with enhanced data
- VAT Accredited Markets
When
September 15, 2010
Citi’s Online Academy Presents:
Highlights from the 2010 Citi Commercial Payments Training Summit
This session provided highlights from the 2010 Citi Commercial Payments Training Summit including key points from Citi’s general session, Citi Commercial Cards: Driving Success through Innovation.
This session covered:
- Citi’s commercial card global strategy, investments in client experience and new product development.
- How your company can leverage Citi’s innovative payment solutions including Citi’s Working Capital Analytics.
- An overview of best practices identified by summit attendees during our round table forum on topics critical to your Commercial Card program.
When
July 1, 2010
Economic Outlook and Regulatory Reform: Implications of the Dodd-Frank Act to Corporations
Over the past few years, the operating environment for companies has rapidly changed and evolved due to the financial turmoil and an evolving regulatory environment. These changes must be carefully analyzed and understood to identify the impact on corporations and their treasury departments.
In this session, Robert DiClemente, Michael Berkowitz and William Hartnett examine the economic outlook in the US through 2011 as well as provide an overview of the Dodd-Frank Act and its implications on corporations from a transaction banking and derivatives standpoint.
Region: Global
When
September 16, 2010
Citi’s Online Academy: Tax aligned supply chain structures
This webinar features experts from Deloitte and Citi who will share their knowledge and experience to help you plan and structure a tax and treasury efficient supply chain for your company.
Region: Global
When
July 29, 2010
| Recording ID: | D4Z2ST |
| Recording Key: | 5853684 |
| User login: | 5853684 |
| Password: | 009124 |
Citi’s Online Academy presents: Making the Most of Your Export LCs
Join Citi’s in-house Letter of Credit experts as they discuss Export LC confirmations and their value as a risk mitigating and financing tool. Our experts will define the components and the process around confirmations as well as the factors that are considered by issuing banks, confirming banks and beneficiaries. This discussion will guide your decisions around whether or not a confirmation is suitable and the steps you can take to minimize turnaround time and disruptions to transaction flows.
As the launch of the new Czech CSD fast approaches, Citi are delighted to provide clients with a summary of the:
Region: NA
Citi Online Academy for Singapore Corporates on Making LCs Work for You
This webinar is designed to provide an overview of Letters of Credit (LCs) including what these are, different types of LCs and what they are used for.
The session will also provide insights into LC confirmation as a risk mitigation tool and how you can minimize common discrepancies for your LCs.
Citi's senior Trade Advisors will cover:
- An overview of LCs
- LC Confirmation and Risk Mitigation
- What is confirmation and risk mitigation
- The purpose of confirmation and risk mitigation
- Citi's footprint
- Discrepancy handling
- What are the common discrepancies
- Tips to minimize these discrepancies
Region: APAC
Citi’s Online Academy: Navigating URDG 758
The Uniform Rules for Demand Guarantees, ICC Publication No. 758 (effective 1 July 2010), represents the new ICC Rules for international practice in the use of demand guarantees.
Join Citi’s Global Trade Advisory team as they take you through the details of the URDG 758, and its effect on trade transactions. The session will cover the following:
- Overview of the URDG 758
- Key Articles - URDG 458 vs. URDG 758
- Comparison to UCP600 and ISP98
- The impact on global trade
Region: Global
Citi’s Online Academy: The Evolving Supply Chain Finance Market
In this session Olivia Xu, North America Trade Sales at Citi, Vasilios Kontogianis, Supplier Finance Product Manager at Citi, and Rico Elmore, Founder and CEO of Fatheadz Eyewear, join a panel discussion on The Evolving Supply Chain Finance Market.
Lara Sowinski, Editor of World Trade WT100 magazine moderates the panel and some of the topics covered include:
- Changing global trade landscape
- How supply chain financing is evolving in this market
- Opportunities and challenges for both buyers and suppliers
Region: Global
29 June 2010
Citi’s Online Academy: Navigating the URDG 758
Join Citi’s Trade Advisory Team as they discuss the details of Uniform Rules for Demand Guarantees (URDG), ICC Publication No. 758. The URDG 758 is a new international regulation effective July 1, 2010. The session will cover:
- Overview of the URDG 758
- Key Articles - URDG 458 vs. URDG 758
- Global coverage
- Comparison to UCP600 and ISP98
- The Impact on Global Trade
Region: Global
24 June 2010
Citi’s Online Academy: Renminbi Internationalization – The Birth of a Global Currency
This session will focus on understanding the implications of the ongoing RMB Internationalization program and how corporates across the globe must access:
- Who can participate in this program?
- How can we be part of this program?
- Where can we use RMB?
- What RMB services can we use?
- Is RMB fully convertible offshore?
Region: APAC
Citi’s Online Academy: Renminbi Internationalization – The Birth of a Global Currency
This session will focus on understanding the implications of the ongoing RMB Internationalization program and how corporates across the globe must access:
- Who can participate in this program?
- How can we be part of this program?
- Where can we use RMB?
- What RMB services can we use?
- Is RMB fully convertible offshore?
Region: NA and WE
June 9 EMEA/NA version
Citi’s Online Academy: Effective Global Liquidity and Risk Management: Global Visibility As A Key Step
In this webinar, Cindy Gerhard and Steven Elms from Citi, shared how timely, comprehensive visibility is a key first step for improving global liquidity & risk management. They also included several illustrations showing how technology can be applied to enhance decision making and accelerate achievement of your treasury goals.
Region: EMEA
2 June 2010
Citi’s Online Academy: Top priorities for Treasury in 2010 (Asia session)
In this session, we review top priorities for treasury yielded from Citi's Treasury Diagnostics research*. We also discuss how companies are using the tool to benchmark how they are doing compared to peers and set new standards for performance in people, process, and technology.
Region: APAC
26 May 2010
Citi’s Online Academy: Efficient Receivables Management – the untapped frontier
In this webinar, we will explore how companies can unlock the cash trapped in the O2C cycle by dealing with the most commonly identified areas of "pain". We will also look at the best practices that can be adopted for an efficient receivables management which, once implemented, will result in an optimised DSO and will steer major efficiencies in the organisation.
Region: WE
20 May 2010
Citi's Online Academy: Centralizing Global Short-term Investing: New Tools and Techniques
Companies are looking to centralize global treasury investment processes to eliminate idle cash while streamlining processes, improving risk controls, and enhancing investment policy compliance. Hear how your experiences compare to your peers and take a closer look at changes in the markets, as well as new tools and techniques to help you stay ahead of the curve.
Region: NA
6 May 2010
Citi's Online Academy: SWIFT for Corporates - modern trends made easy
This webinar, co-presented by SWIFT and Citi, was targeted at Corporates looking to join or who have recently joined SWIFT. This session takes a look at modern trends; exploring best practices and future developments; a typical profile of Corporates joining SWIFT; evolution of service demands; file format trends and connectivity options.
Region: CEEMEA
22 April 2010
Citi's Online Academy: Top Priorities For Treasury in 2010: Using Citi Treasury Diagnostics To Set New Standards of Performance
In this session, Citi reviewed top priorities for treasury yielded from Citi's Treasury Diagnostics research and discussed how companies are using the tool to identify how they are doing compared to peers and set new standards for performance in people, process, and technology.
Region: NA
15 April 2010
Citi’s Online Academy: Minimizing Discrepancies On Your Export LCs
This session identified the most common discrepancies in the processing of export LCs and how and why these create delays. Our team provided helpful suggestions on how to avoid mistakes, produce compliant documents and get paid quicker.
Region: NA
8 April 2010
Citi's Online Academy: Why Borrow When You Can Make Your Own? Optimizing Internal Liquidity Globally
This session explored the latest approaches for centralizing cash and optimizing liquidity management, considering some of the common challenges and pitfalls and discussed strategies to overcome them, and evaluate how providers are allowing greater flexibility to meet corporate objectives.
Region: CEEMEA
25 March 2010
Citi's Online Academy: Launch of the automated IBAN and BIC conversion and validation service in SEPA
Citi clients can take advantage of a BIC and IBAN data-conversion service through SEPA data specialists, Experian Payments to get to optimal data quality.
The result: you can accelerate SEPA adoption - eliminate the costly and time consuming effort of manually collecting this information - maximise automated
reconciliation rates - and minimise returned and rejected payment instructions.
This session indicates how to improve your STP rates and overall account data quality to be ready to benefit from SEPA.
Region: CEEMEA
18 February 2010
Citi's Online Academy: Doing business in the Middle East
This session covered a brief macroeconomic outlook of the Middle East, the corporate trends in the areas of Cash Management and Trade services which underpin the growth of both the foreign multinationals as well as the emerging local champions operating in the region, with a special update on developments in Iraq.
Region: CEEMEA
20 January 2010
UCP 600 for Importers
In this special 90-minute session for importers, Citi expert Victor Pena provides a brief overview of the history and process of UCP, as well as a high level comparison of UCP 600 versus UCP 500. From there, Introduction to UCP 600 for Importers examines the key articles that make up the new guidelines.
27 and 29 March 2007
UCP 600 for Exporters
In this special 90-minute session for exporters, Citi expert Victor Pena provides a brief overview of the history and process of UCP, as well as a high level comparison of UCP 600 versus UCP 500. From there, Introduction to UCP 600 for Exporters examines the key articles that make up the new guidelines.
13 and 15 March 2007
Standby Letters of Credit: Expect the Unexpected, Understand the Risks
Professors Fran Martell, Global Product Manager and Charnell Williams, Department Manager – Standbys, explore critical issues impacting SBLCs in today's global environment. Specifically, outlining key considerations for a wide range of conditions including:
- Quick Review-Definition/Flows/Principles
- Operative Clauses
- When Amendments are effective
- Beneficiaries – One or more
- Transfers/Evergreens
- Cancellations
Introduction to UCP 600
Assuring Quick Payments under Export LCs
In this Webinar, Citi letters of credit experts discuss best practices in document examination. This session is designed to enhance your knowledge base about the review process and provide a framework for exporters to use in presentation of documents.
28 February and 12 March 2007
Maximizing the Benefits of Export Letters of Credit: A Risk Mitigation Tool
In this Webinar, Trade University “professors” discuss risk mitigation techniques using different types of Letters of Credit, such as Unconfirmed, Confirmed, Silent Confirmation and Standby.
1 February 2007
English Version Spanish VersionHow Moving to Open Account Can Streamline Your Supply Chain
Speakers: Arthur Zaczkiewicz, Keith Karako, Valeria Sica and Robert Dyckman
Explore the hot topic of financial supply chain management by examining the evolution of international trade from its earliest beginnings to the present time. Learn how Open Account trade can improve efficiency and drive down costs across the global supply chain by replacing letters of credit (LCs) with innovative trade finance solutions, particularly in the retail market.
1 November 2007
Adding Open Account to Your Trade Finance Arsenal
In this first joint Webinar, a panel discussion featuring the Editorial Director of World Trade Magazine, the sponsoring publication, the President and the CFO of UPS Capital and Citi senior trade experts provided their views in this virtual roundtable. Discussion topics included:
- Why Now Is the Right Time to Transition to Open Account
- Who Can Make Use of Open Account Terms
- When Open Account Trade Is Best Used
- Trade Finance as a Competitive Advantage
9 and 16 November 2006
Understanding the Risks of Standby Letters of Credit
Learn how to use Standby LCs more effectively by gaining a better understanding of global practices, as well as the local country factors that impact your business. Specifically, this session explores:
- The basics of how corporations use Standby LCs to their benefit
- Special conditions impacting the availability of Standby LCs
- The various governing rules and laws of Standby LCs
- Your role as an Applicant or Beneficiary
21 and 22 June 2006
Effective Terms of Trade for Importers: Migrating from LCs to Open Account Terms
This Webinar focuses on why so many importers today are moving away from commercial LCs in favor of more flexible Open Account structures. Specifically, you'll learn about the:
- Risks and realities of LCs as they compare to trading on Open Account terms
- Considerations for developing a necessary and effective Open Account strategy
- Competitive advantages and disadvantages of various cross border trading structures
11 and 18 April 2006
Key Developments in the Indian Securities Market.
This webinar session will provide you an overview of the recent developments that have taken place in this market over the past year.
Our India Market Specialists covered:
- Proposed changes in Market Access for foreign investors: Working group report on foreign investments in India, Foreign investors permitted to invest directly in mutual fund units
- Developments in the Fixed Income Markets: Increase in Debt limits for Foreign Institutional Investors (FIIs), Introduction of Credit Default Swaps and Interest Rate Futures on 91 Day Treasury Bills
- New products introduced: Enhanced Securities Lending and Borrowing scheme, European Style Stock Option Contracts, Physical settlement of equity derivatives
Speakers:
Vikas Agrawal, India Market Specialist, Citi Transaction Services, Citi
Bennis Clinton, India Market Specialist, Citi Transaction Services, Citi
Region: Global
Wed 29 June
Change of Czech Republic CSD Project: What are the long and short term implications for participants?
On 7 July 2010, the CDCP started functioning and became the new Central Securities Depository (CSD) in the Czech Republic. The transition will inevitably impact the market and it is important for participantso be aware of the potential risks that may arise relating to the Czech securities settlement on the day of transition and the short period following.
As the launch of the new Czech CSD fast approaches, Citi are delighted to provide clients with a summary of the:
- Transfer of securities from the existing Czech CSD, Stredisko Cennych Papiru ("SCP") to the new CSD - Centralni Depozitar Cennych Papiru ("CDCP")
- Impact on account structures
- New CSD fee schedule
- Potential operational risks resulting from the transition
Region: EMEA
7 July 2010
Citi’s Online Webinar: Changes to the US Withholding Tax System
This webinar answered such questions as:
- What is the Foreign Account Tax Compliance provisions?
- What will be the impact on Foreign Financial Institutions?
- How will it impact other foreign entities?
- What is the best way forward to cope with the legislation?
For the replay details and the presentation, please see the below links.
Region: EMEA
17 May 2010
Citi’s Online Academy: UCITS IV / AIFMD: Where are we now?
This webinar answered such questions as:
- UCITS IV: What now for the management company passport? Master feeders - the preferred choice?
- AIFMD: Where are we now on the depositary/custody rules? Third country rules - do we have clarity yet?
- Industry trends: The move to regulated products continues - how is Ireland positioned to succeed?
For the replay details and the presentation, please see the below links.
Region: EMEA
25 March 2010
Citi’s Online Academy: Luxembourg Regulated Funds: The Options for Promoters
This webinar dealt with questions such as:
- What are the factors driving a move towards Luxembourg domiciled hedge fund structures and which structures should be employed?
- What important factors must I consider when setting up and managing a Luxembourgish domiciled structure? (E.g. investment restrictions, management duties, distribution requirements)
- What legal steps, timelines and considerations are necessary to launch such fund structures and re-domicile existing non-EU fund structures?
For the replay details and the presentation, please see the below links.
Region: EMEA
11 March 2010
Citi’s Online Academy: Shareholder Governance: Turning Risk Into Opportunity
Institutional investors are under pressure to demonstrate consistent oversight and engagement with the companies in which they invest. Strong proxy voting and class actions processes have proven to be effective ways by which to achieve these objectives.
- Proxy Voting: Making it Count - In some markets there are major issues involving the practice of proxy voting while communications issues are hindering the vote confirmation process. We look at how investors are dealing with these issues and discuss the way forward.
- Class Actions: Turning Risk into Opportunity - What are the challenges investors face in participating in class action settlement claims and how can they be managed more effectively?
Region: EMEA
25 February 2010
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