Proposal for a Regulation on combating late payment – AFEP position paper 

AFEP welcomes the publication by the European Commission of this draft regulation, and considers that the review of the 2011 Late Payment Directive is an opportunity to improve payment terms. 

In particular, AFEP supports the following measures: 

  • Base the calculation of payment terms on the date of receipt of invoices and not on the issuance date; 
  • Making a more widespread use of mediation schemes to deal with payment disputes faster.  

On the contrary, AFEP doesn’t support the limitation of the payment period to a maximum of 30 days which would not address the causes of late payment and would have significant negative impacts on companies and customers.