COFICERT is the first specialized and specifically dedicated body to the certification of the financial and extra-financial standards. The organization gathers national and international experts around standards and certification marks, related to Finance. COFICERT has been created in 2018 as a reference and brainstorming center around financial certifications related topics. The organization restructured itself in 2019 and the NGO COFICERT obtains its agreement in 2020, registered under the national number N°152.3.1566.
COFICERT is the contraction of the following terms “COMISSION FOR FINANCIAL CERTIFICATIONS”.
The signature “CFC”, acronym of CO.FI.CERT, is equally used, particularly within the Anglo-Saxons countries. For a better appreciation of the subject, a single understanding and reading, the organization is named the 16th of January 2020: COFICERT.
COFICERT advocates the entire financial system and the extra-financial responsible engagements, throughout a better transparence and effectiveness, disciplines deployed at the heart of the economical entities and placed in the center of the societal interests, as part of the companies’ governance during their lifecycle.
The organization strives towards a proactive and virtuous dynamic, within the implementation of the best practices in terms of governance, for those companies in search of improvement and enhancement of their financial and extra-financial governance systems.
By integrating a strong digital component in its certifications models, including the issuance of traceable digital certificates of conformity, through fintech and Blockchain solutions, COFICERT embodies a new generation of the Certification Bodies.
COFICERT is mainly composed by professionals coming from the fields of finance and law, strongly represented within the organization by legal auditors, corporate and market finance experts, and law experts. The president of COFICERT, Mr. Laurent Hugelin is an Attorney at Law registered with Bar of Paris; he presides COFICERT since its creation.
PRESIDENT’S MESSAGE :
« Over the last years, the economical players are more and more interdependent and the economy presents increasingly striking systemically aspects. The companies’ responsibilities have largely evolved and given the complexity of the subjects, a better reading and an appreciation of the economical player’s involvement under the basis of common standardization, became a necessity.
Either if its voluntary, oriented or mandatory, the request and the use of the financial certifications is increasing all around the world.
COFICERT – NGO governed under the French law, politically neutral organization and totally independent of any specific particular interest, it is the first certification body specialized and dedicated to the financial certifications of the economical entities and financial institutions. Therefore the certification body, aims to promote financial related standards. In that respect the organization makes sure and contributes, through a sustainable and continuous improvement of the good governance practices – better transparency, resilience and integrity – of the economic and financial players. »
Me. Laurent Hugelin.
President of COFICERT
Organizational chart of the COFICERT
|COFICERT Certification||ISO, MSI, AML, SA|
Commissions are dedicated to each standard.
These commissions are composed by experts out of which members and monitors.