The EU Federation Council Meeting will take place on 20 April 2023 in Cologne, Germany. Following the Council Meeting, the 8th EUF & FCI EU Factoring Summit will take place on 20-21 April 2023 in Cologne, Germany. We have selected the beautiful Hyatt Regency as the setting for this edition of the Annual Event. FCI and EUF represent ove...

Highlights include: Welcome: Fausto Galmarini EUF Chairman What’s up in legislation? Magdalena Wessel, Chair of the Legal Committee IH 2022 Statistics – Year of Spectacular Growth of Factoring Turnover: Magdalena Ciechomska-Barczak, Chair of the Economics and Statistics Committee The CRR reform and factoring: more of the same or a step forward, at last? Diego Tavecchia, C...

Data gathered by EU Federation for Factoring and Commercial Finance for European factoring market for IH 2022 has shown that there was a spectacular growth of factoring turnover, which exceeded 20% y/y. It is the highest half-year growth ever recorded. This growth was almost two times higher than yearly growth in IH 2021 (11%). Total factoring turnover for European countries reached 1 trillio...

Highlights include: Welcome Fausto Galmarini EUF Chair Factoring In or out of the shadows? Magdalena Wessel, Chairwoman of the Legal Committee Strong recovery of Factoring after Pandemic decrease – 2021 EU figures Magdalena Ciechomska-Barczak, Chairwoman of the Economics and Statistics Committee Toward a relevant and proportionate prudential regulation for Factoring: Where are we now? D...

 After the global pandemic it was difficult to project when and how the market would recover the lost volumes following the dramatic decline in GDP. But if we look at the data collated by the EUF Economic and Statistic Committee for 2021 we can ascertain the strong performance of the factoring market with a turn over growth of 12% compared to the previous year. The overall volume reached 2...