Almanach PZF 2016

2015 : A YEAR TO REMEMBER IN THE WORLD OF FACTORING | 55
Each year factoring gains more clients with the estimated number of
active relationships in 2015 increasing by 4,5% to reach 171 thousand businesses.
The estimated amount of funds made available to clients by European
factors exceeded 168 bn euro, as at the end of 2015, secured by assets valued
at 251 bn euro. This ratio between advances granted and security values
reflects the low risk profile of factoring transactions.
In non EU markets, there is still important room for development of
best practices in factoring and for improvement of legal and/or regulatory
environments. This is the reason why FCI+ puts a specific focus on Eastern
Europe through it Central East European Chapter. The role of the Chapter
is to represent members of the region within FCI and to organize a yearly
conference, focusing on a regional view on the Factoring Industry.
One of the challenges our Industry faces is the growing amount of
regulation coming from different EU instances (EU Commission, EU
Parliament, European Banking Authority, European Central Bank…). To
defend the interests of the Factoring Industry in the EU, FCI+ has an important
division, steered from the Brussels office: the EUF (EU Federation
for Factoring & Commercial Finance: see www.euf.eu.com). 14 important
national associations in Europe are represented in the EUF and together