This free-for-members in-person session is aimed at charitable organisations operating at an international level, and will cover a range of topics related to Foreign Exchange (FX) hedging strategies, correspondent banking and high-risk payments.

Why should I attend?

On top of a welcome breakfast and networking opportunities with your peers, attendees of the session will cover:

• How INGOs can build a resilient FX hedging strategy
  • Why INGOs hedge to protect baseline budgets rather than chase profit
  • Spot vs Forward contracts, and how fixed and flexible forwards secure budget certainty for long-term grants
  • How to draft an FX policy that satisfies conservative boards of trustees
  • Tracking and reporting FX gains/losses according to major institutional donor guidelines (FCDO, USAID, ECHO)
• Correspondent banking and high-risk payments
  • Overview of AML/CFT, OFAC and EU sanctions and how they impact payment screening
  • Defining de-risking and why banks drop INGO relationships or corridors, citing FATF concerns about financial exclusion
  • Real world examples of payment delays and rejections in high-risk regions
  • The humanitarian and operational cost of de-risking on local partners
  • The regulatory complexity of KYC and how INGOs can pre-empt bank scrutiny
• A closing Q&A session

When and where?

• Tuesday 22 September
• 9:00am – 12:00pm
• In-person: Ebury, 100 Victoria St, SW1E 5JL, London

Who should attend?

This free-for-members session is aimed towards charitable organisations operating at an international level, and may be most beneficial for Finance Directors, Treasury Managers, Compliance Officers, CFOs, CEOs, Trustees and those in financial leadership positions.

About CFG events and membership

Becoming a CFG member gives you access to exclusive benefits including event discounts, so find out more about CFG Membership before you book. Association of Independent Museums members can register for free CFG membership through our partnership.

CFG events, training and members' meetings can count towards your continuous professional development (CPD). For more details contact your association or email events@cfg.org.uk.