LEGAL Seminar on General Rules of International Factoring

Transcription

1 Invitation LEGAL Seminar on General Rules of International Factoring Singapore, 11 & 1 April 016 Sessions: Monday 11 April : 09:00-1:00 Welcome, seminar and dinner Thursday 7 April : 09:00-13:30 Seminar Venue: Sheraton Towers Singapore Hotel Tel Scotts Road Singapore 830

2 The FCI Education Committee and the FCI Legal Committee have developed a new seminar: Legal Issues, with a special focus on everything there is to know about the General Rules of International Factoring (GRIF). The format for this Seminar will combine plenum presentations with smaller group discussions and Q&A sessions with practical examples and genuine cases. Two members of the FCI Legal Committee will act as presenters and instructors in all sessions of the seminar. The Seminar will focus primarily on the GRIF, the background of certain articles, the implications for day-to-day business and the delicate balance in keeping the GRIF an acceptable document for both the group of Export Factors and the group of Import Factors. There will be ample time for Q&A sessions, enabling the participants to raise questions or concerns in connection with the GRIF (and the Interfactor Agreement). The conference offers attendees numerous opportunities to discuss issues of common interest with their peers and with members of FCI Legal Committee representing very experienced Factoring executive. THE AUDIENCE The Seminar is primarily meant for all FCI members and observers in Asia, but will also be open, as usual, for attendants from other parts of the world. Because of the scope of the Seminar, attendants should have a direct interest in understanding the finer details of the FCI GRIF. OBJECTIVES This seminar will benefit those involved in new businesses, operations, risk monitoring, legal, compliance, litigation departments and perhaps external lawyers if appropriate, who wish to develop their existing knowledge of the GRIF affecting the operations of FCI two-factor businesses. It is important that all delegates attending have a basic understanding of the GRIF that affects the industry. Singapore has been selected as the venue for this regional seminar. The registration fee for the seminar is EUR 50 per delegate and includes the coffee breaks, lunch and dinner on Monday 11 April and the coffee break in the morning of Tuesday 1 April. In case of any questions, please do not hesitate to contact the Secretariat fci@fci.nl. Legal Seminar on General Rules of International Factoring, Singapore, 11-1 April 016

3 CONFERENCE PROGRAM MONDAY 11 APRIL: :00 Programme : Welcome coffee and registration : Plenum session : Coffee break : Group discussions and Q&A : Luncheon : Plenum session : Coffee break : Group discussions and Q&A : Drinks and dinner CONFERENCE PROGRAM TUESDAY 1 APRIL: : : Plenum session : Group discussion and Q&A : Coffee break : Group discussions and Q&A : Plenum session for Q&A, feedback and wrap-up END OF SEMINAR 3 Legal Seminar on General Rules of International Factoring, Singapore, 11-1 April 016

4 LOCATION Sheraton Towers Singapore Hotel 39 Scotts Road Singapore 830 Tel Programme Centrally located, a mere 10-minute walk from Orchard Road, Sheraton Towers Singapore has 40 tastefully adorned rooms with modern amenities and conveniences. The Newton Interchange train station next door linking the Downtown and North South Lines makes the hotel easily accessible to the Central Business District and major places of interests. No hotel accommodation will be arranged by FCI; delegates will need to make their own arrangements. REGISTRATION Please use the enclosed registration form and make sure that it reaches the FCI Secretariat as soon as possible and certainly not later than Friday, 11 March 016. For this seminar, we can only accommodate a total of 5 delegates. After receipt of your registration form, the FCI Secretariat will send you an invoice, which will serve at the same time as a confirmation of the registration and accommodation. The registration fee for the seminar is EUR 50 per delegate and includes the coffee breaks, lunch and dinner on Monday 11 April and the coffee break in the morning of Tuesday 1 April, as well as use of the conference rooms and conference materials. After receipt of the invoice, the registration fee is to be paid by bank transfer (NO cheques), quoting the invoice number, to: Factors Chain International VAT number: NL B01 Account number: Bank: ABN AMRO, Amsterdam, the Netherlands SWIFT Code: ABNANLA IBAN: NL04ABNA NOTE: Registration fees must have been paid prior to 11 March 016 or your company takes the risk that delegates on a waiting list will be given the chance to attend instead. CANCELLATIONS Registration fees will be reimbursed in full for cancellations received before or on Friday 11 March 016. No refunds can be made for cancellations received after that date. 4 Legal Seminar on General Rules of International Factoring, Singapore, 11-1 April 016

5 Programme CONFERENCE DOCUMENTS AND DELEGATES PROGRAMME Practical information and your homework will be sent out by at least two weeks before the meeting. Detailed delegates programmes will be distributed in Singapore. DRESS CODE AND CLIMATE Smart casual clothing, throughout the seminar. Like most of Southeast Asia, Singapore is generally hot and humid year round, with day time temperatures of 30 C. Although the month of April does not fall in the rainy season, showers do occur. Meeting rooms and restaurants tend to be under cooled, so bring a sweater or jacket. About FCI: FCI was set up in 1968 as an umbrella organisation for independent factoring companies around the world. Today we have grown into the world s representative factoring network and association with more than 400 members in 90 countries. When FCI started, domestic factoring was only available in North America and a few European countries. The concept of cross-border factoring was still new and restricted by its lack of geographic reach. Recognising the potential for international factoring, the founding FCI members realised an umbrella organisation was needed, firstly to introduce factoring in countries where it was not yet available, and secondly to develop a framework for international factoring that would allow factoring companies in the country of the exporter and the importer to work closely together. In 016 the activities of IFG (International Factors Group) were integrated into FCI. Today, FCI is truly the global representative body for the Factoring & Receivables Finance Industry. FCI offers three major areas of activities: CONNECT : the Business network supports cross-border factoring activities through which its members cooperate as export and import factors EDUCATE : FCI promotes and develops best practices in both domestic and international factoring and related Open Account Finance products INFLUENCE : FCI promotes and defends the Industry with stakeholders and policy makers worldwide 5 Legal Seminar on General Rules of International Factoring, Singapore, 11-1 April 016

6 Please send the form duly filled and signed to the FCI secretariat: REGISTRATION FORM LEGAL Seminar on General Rules of International Factoring Dates: 11-1/04/016 Location: Sheraton Towers Singapore Hotel COMPANY Company Name: Address (for non-member): Factor code: City: Zip Code: Country: VAT No: DELEGATE 1 Title: Mr. Mrs. Ms. Surname: First Name: Position: Special wishes for meals for health or religious reasons: Branch office / Department: Years of experience in current position: DELEGATE Title: Mr. Mrs. Ms. Surname: First Name: Position: Special wishes for meals for health or religious reasons: Branch office / Department: Years of experience in current position: Registration fee per delegate: Euro 50. The FCI Secretariat will send an with a scanned copy of the invoice to you upon receipt of your registration form, confirming your attendance. Invoices will not be sent by postal mail. Please quote the invoice number when remitting the registration fee. Name (CAPITAL LETTERS): Date: Signature (Mandatory):