The Association aims at bringing industry players on a common platform – to join their thoughts, and to provide a voice to their thoughts. The Association aims at providing a strong platform of advocacy for asset finance industry.
Some of the functions of the organisation include:
- Advocacy: making representation to various authorities from time to time on matters concerning the following –
- Receivable Financing
- Other forms of asset backed finance.
- Industry forums and networking: holding periodic conventions and educational courses.
- Development of industry standards: framing self-regulatory standards on disclosures, reporting, servicing reporting, DOs and DONTs for various forms of asset finance.
- Information exchange: on matters of common interest, collateral performance etc.