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TitleAFREXIMBANK Model Law on Factoring
Date of Publication2016
Number of Pages64 pages
Geographical CoverageAfrica
KeywordsFactoring Law, Transfer of Related Rights, History of Codification of Factoring Law, International Factoring
AbstractInternational Factors Group (“IFG”) drafted a Model Law of Factoring in 2014. Afreximbank’s Model Law herewith has taken IFG’s excellent work which reduced the scope of any proposed legislation to cover only “factoring” transactions, in the widest of this word, including assignments of receivables as a pledge of collateral security where pledge is used as the legal basis for a factoring transaction. Afrexim gratefully acknowledges the excellent assistance that it has received from IFG in being permitted to develop IFG’s Model Law.
Copyright HolderAfreximbank
Copyright URL
Filesize2627918 MB
File FormatPDF
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