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Assignment of current accounts claims invalid in German insolvency

DLA Piper provide an overview of changes to German assignment law that are likely to have a significant impact upon factors in the country. (more…)

#assignment#bank#insolvency

Factoring in the Balkans – Bulgaria

Filip Genov, Executive Director of UniCredit Factoring EAD, Bulgaria, provides his insights into the factoring industry in Bulgaria. (more…)

#assignment#bank#international


Close says the Budget is good news for entrepreneurs

Entrepreneurs and small businesses supplying the public sector got an unexpected boost during this month's budget. (more…)

#asset based finance#assignment#bank


Millions unlocked for SMEs supplying public sector

Entrepreneurs supplying the public sector received welcome news today when Alistair Darling announced that the ban on assignment of debt…

#asset based finance#assignment#invoice


Legal Q & A: With Jodi Tierney, Senior Associate...

Legal Q & A: With Jodi Tierney, Senior Associate from commercial law firm Hammonds (more…)

#assignment#bank


German Federal Supreme Court decides on set-aside of global...

The German Federal Supreme Court allayed concerns that a global assignment would not survive the insolvency of the respective originator.…

#assignment#insolvency#receivables


Factors save time and money with RPost

RPost has announced that the factoring industry is widely adopting RPost as the service platform for business-critical communications with clients…

#assignment#international#international factoring


Factoring Ceskй sporitelny introduces a new product

Factoring Ceske has introduced a new service that enables clients to speed up the financing of assigned receivables and decreases the admin…

#assignment#digital#receivables


SocGen's Romanian unit H1 factoring operations value up 157%

The Romanian Development Bank (BRD) performed factoring operations worth 700 million Romanian lei ($305 million/224 milion euro) in the first…

#assignment#bank#management


Competition regulator probes factoring transactions

Russia's anti-monopoly service has launched an inquiry into factoring operations to sell accounts receivable conducted by (more…)

#assignment#bank#banks


EBRD works with Moldovan banks to boost MSE sector

Until now the micro-finance market in Moldova has been mainly serviced by non-bank financial institutions. However the potential for micro…

#assignment#bank#international


Major changes to stamp taxes

Article by Freshfields Bruckhaus Deringer  Executive summary  From 1 December this year there will be major changes to stamp taxes.…

#acquisition#assignment#Paid

Jan Juliussen of Elcon Finans presents the latest analysis...

In recent years factoring has become more accepted by bankers and accountants as an alternative to the overdraft facility and…

#assignment#bank#international

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