A Study On Factoring Receivable Credit Transfer Legal Issues

Factoring is an integrated financial service based on accounts receivable credit transfer. It includes accounts receivable collection and regulation, sales account management, credit risk guarantees,financing and other related services.Chinese factoring business emerges later than other countries, but after more than 20 years of efforts, we have made great development. To some extent,factoring has changed the domestic traditional financing mode and has facilitated corporations as well.However, in terms of factoring legal issues,there are many problems such as the differs of regions,lack of regulations and systematization.This paper selects three institutions from receivable credit transfer legal issues to study and tries to find some ways to solve the issues.This paper is composed of four chapters.At the beginning of the first chapter,the author analyzes and reviews a classic case in factoring business and origins the disputes of factoring receivable credit transfer notification legal issues.Through the discussions of factoring legal relationships,the author clarifies that receivable credit transfer is the core of factoring and confirms the effects of future receivables and forbidden receivables. Basing on the case above,the author studies on some parts of notification regulations in the second chapter,which including notification informers,time,content,and forms.In the third chapter,the author studies on how to protect factoring benefits.In the last chapter,the author hopes to set up the registration institution to promote the development of factoring.