In this paper, the occurrence of the stimulated Raman scattering (SRS) and its effects on stimulated Brillouin scattering (SBS) pulse compression in FC-40 are investigated. As the experimental medium, the characteristics of FC-40 are suitable for pulse compression. Firstly, the frequency shifts and the threshold of SRS in FC-40 are studied with a mode-locked laser system as pump source, without taking the SBS effect into account. On the basis of the experimental results, the competition between SRS and SBS as well as its effect on pulse compression is investigated. Results show that SRS gets higher gain and grows rapidly with the increase of the laser intensity by pump effect, which will result in decreasing of SBS energy reflection.