Commercial credit is an important source of liquidity for global financial institutions to finance their clients` import and export activities. In the past, terminology, credit structures and support documentation have varied between banks and regions. The standardization and consistency of trade credit documentation helps to improve sectoral dialogue between borrowers, lenders, investors and regulators. The BAFT Trade Finance Documentation Working Group developed the BAFT MTLA, a lending agreement to English and New York bank-masters, with the help of external consultants, to provide clear, concise and consistent language for industry use. Promoting the adoption of a standardized master`s document improves protection and facilitates the process and efficiency of borrowing and lending around the world. BAFT supports its membership by regularly publishing and updating a list of countries in which masterbank commercial loans to the bank have been signed to promote industry transparency between borrowers and lenders worldwide. Previous and recent press releases are available below: Press release 5/8/2014 – BAFT published Master Loan Agreement for Bank-to-Bank Trade Loans 2014 Press release 8/27/2014 – BAFT Published New York Master Trade Loan Agreement Webinare on MTLA see: Master Trade Loan Agreement Presentation Link 16. September, 2014 Stacey Facter – BAFT Alain Verschueren – BNP Paribas R-diger Geis – Commerzbank Henry Pfeiffer – JPMorgan Michael Avidon – Moses – Singer Robert Gross – Berwin Leighton Paisner.