The EUF sent position papers on TLTRO:

The EUF position paper on 4th EU AML-directive:

We are delighted to welcome Jeff Longhurst as the new EUF Representative for ABFA. Jeff, who took up his new role as ABFA's CEO on 29th May, has long and extensive experience in the Industry, having held a range of senior roles, including being the UK Managing Director of Credit Agricole Commercial Finance and a previous Chairman of ABFA. He replaces outgoing Kate Sharp, who served ABFA and the EUF with distinction.

We wish Jeff every success in his new position at ABFA and here with us as EUF Representative.

John Gielen

The EUF is delighted to publish its latest Newsletter for Spring 2014 which may be downloaded here.

Data collated by the EU Federation for the Factoring and Commercial Finance Industry (EUF) indicates that factoring and commercial finance volumes in the EU overall grew over 5% to €1.26 Trillion in 2013.