Factoring & Receivables Finance Regional Workshop, Dubai, UAE

CODIX IS A GOLD SPONSOR OF THE REGIONAL WORKSHOP ON FACTORING & RECEIVABLES FINANCE IN DUBAI, UAE

Gold Sponsor CODIX will have a presentation on the first day of the Regional Workshop on Factoring & Receivables Finance 2020. This year the international event will take place in Dubai, UAE, 19-20 February. The workshop, organized by the FCI with the support of its members in the United Arab Emirates, represents a comprehensive and integrated training program designed to provide all the knowledge necessary for a promising start-up of factoring operations in a financial institution. The Middle East is one of the most favorable regions for factoring and receivable financing products, since open account trade flows are steadily increasing not only in overseas but also inland.

Factoring & Receivables Finance role is becoming increasingly important among financial institutions and market regulators. The unique risk characteristics of the product along with its multiple benefits for SMEs & Large Corporates, position it as the fastest growing form of finance in many regions, especially in the emerging ones.

The agenda of the workshop covers the following topics:

• The growth of Factoring & Receivables Finance – regional analysis
• Risk Management in Factoring & Receivables Finance
• Cross-border Factoring solutions
• Islamic Finance & Islamic Factoring
• Legal Considerations in Factoring

FCI was set up in 1968 as an umbrella organization for independent factoring companies around the world. Today it has grown into the world’s representative factoring network and association with close to 400 members in 90 countries. Its aim is to firstly introduce factoring in countries where it is not yet available, and secondly to develop a framework for international factoring, which would allow factoring companies in the country of the exporter and the importer to work closely together.