FCI Executive Committee has appointed Technical Committees.

This Web EDI system is based on central processing and reporting, message validation and mail boxing, which has the overall purpose of supporting the two-factor business of FCI members.

In summary, this committee has one main task: make the FCI members’ wishes regarding the communication on cross-border factoring become reality. With this objective, the Committee launched in April 2022 the edifactoring 2.0.

But do not let the initial statement mislead you!  The COMCOM is not just a team of dedicated technicians developing tools to improve our members’ performance, but also a research centre continuously exploring new ideas and products for the same purpose.

The committee is composed of:

Working closely with the Education Director and Deputy Education Director, the Education Committee supervise all FCI courses, decides on the modification of existing or the release of new courses, decide on the development of new education manuals.
The Education Committee is responsible for the coordination, development and organisation of education seminars, workshops and webinars.

 Dedicated to helping you achieve your education goals, at a time and place that suits you.

The committee is composed of:

For problem resolution between export factors and import factors, a more formal FCI Arbitration process is available, even though most conflicts are settled in an amicable manner, based on the strong ties which exist between most of the FCI members.

Today the legal experts of the committee are:

Our Team of Marketing experts, usually representing members from all regions of the World, develops Marketing, PR and Promotion activities in order to fulfil our different aims.

FCI is focused on promoting the two-factor business, bringing FCI members new sources of revenue and encouraging the sharing of the intrinsic knowledge inside our network.

 More Members   >    More Volume    >      More Revenues

The committee is composed of:

With the support of experienced specialists from across FCI’s membership, the Product Committee will help shape the continued development of FCI’s product offering and ensure it remains responsive to the evolving needs of members and the wider market.

The Committee will support the development, enhancement and promotion of FCI’s existing products, while also identifying opportunities for new solutions.

The committee is composed of:

FCI’s Vision is to be the Global Association for the Open Account Receivables Finance Industry. To that end, we endorse the prevention of financial crime and respect for regulatory compliance and conduct. The Compliance Committee was established to develop a compliance policy, both internal and external, to ensure that all laws, regulations and FCI Core Values are in place and to better understand the risks associated with FCI’s business activities. The Executive Committee established the Compliance Committee to oversee the compliance activities of FCI, to which it reports. Their responsibility includes:

• Creates, maintains and advises on FCI’s compliance policies
• Develops minimum standards, tailored to its needs;
• Advises on the KYC questionnaire and procedures and its continuous improvement;
• Sets up and maintains a repository of statutory actions in case of non-compliance
• Recommends disciplinary actions in case of violation of policy;
• Conducts workshops and seminars on best practices in compliance
• Contributes opinions and updates for the FCI Newsletters and Website;
• Liaises with other committees to ensure an integrated approach to compliance risk;
• Suggests other activities for the proper and effective compliance for FCI and its members.

Currently, the members of the Compliance Committee are: