Collateral Management and Stock Monitori...
|
|
Collateral Management and Stock Monitoring Services SGS has been a dependable provider of risk management solutions to participants in the international commodity trade throughout the world. With the objective to reduce risks and encourage Credit Institutions engaged in Commodity Trade Finance to adopt robust and comprehensive procedures and policies for the inspection and control of the commodities, SGS is committed to provide tailored services designed for the need of the industry, enabling also Credit institutions to satisfy set of requirements imposed by the Basel II Committee. Collateral Management Services (CMA) Under a CMA, SGS acts as the custodian of the commodities and takes continuous possession of the Goods from the time the control is requested until the commodities are sold or exported. The benefit is to ensure availability and physical control of the commodities and to satisfy where it applies some security requirements such as dispossession of the goods from the debtor to a third party. Under certain legislation, CMA services may be regulated by specific disposition of law, such as “warrants” and “certificate of deposits”, which SGS satisfies. Stock Monitoring Services (SMA) Where the financing party does not require strong control over the Commodities by a third party, but rather wishes to secure traceability over the goods along the supply chain, SGS can provide either continuous monitoring services or periodic spot inspection. The benefit is to offer substantial comfort to the parties by ensuring at any given time a quality and / or quantity assessment of the commodities. CMA and SMA are offered on the following countries:
|
|||||||
|
|||||||||
