Font Size: a A A

A Study On Chinese Factoring System

Posted on:2005-04-25Degree:MasterType:Thesis
Country:ChinaCandidate:Z G ChouFull Text:PDF
GTID:2156360152967521Subject:Economic Law
Abstract/Summary:PDF Full Text Request
Today, the world factoring industry develops rapidly, while the pace of development of Chinese factoring industry is relatively slow. That is mainly because we do not have a complete factoring legal system. By means of methods such as historical analysis and comparative analysis, this thesis analyses and discusses the historical origin of factoring system, the fundamental legal problems of factoring system and the risks of factoring. And then with the combination of analysis on the factoring legal mechanism of western advanced countries and on the current legal status of Chinese factoring, the thesis gives suggestions on building the framework of Chinese factoring legal system.This thesis is divided into five chapters. The first chapter analyses the origin and the development of the factoring system; The second chapter discusses the fundamental legal problems of factoring system, including the legal definition of factoring, the legal analysis of factoring system, the legal relationship among parties in factoring service and the legal features of factoring; The third chapter studies the two major risks in the factoring service, namely legal risk and credit risk. The fourth chapter introduces the factoring legal mechanism of western advanced countries and the current legal status of Chinese factoring. On the basic of the above, the fifth chapter put forward three points on constructing the fundamental legal framework of Chinese factoring legal system: First, coordinating and revising the current law and regulations related to factoring; Second, erecting the credit system for factoring, constructing the credit base of factoring system; Third, establishing the notarization system of factoring contract.With the entry to WTO, China gets a good chance to promote the factoring industry. However, the incompletion of laws and regulations related to factoring severely restrains the advance of factoring industry. I hope this thesis will contribute to the construction of the factoring legal system and to the development of factoring industry in China.
Keywords/Search Tags:factoring, transference of account receivable, legal system credit
PDF Full Text Request
Related items