CONTENTS FACTORING AGREEMENT (BASED ON THE CIS AND LATVIA)

Abstract

The article analyzes the rights and responsibilities of factors creditor and the debtor under the contract financing receivable financing (factoring) under the laws of the CIS and Latvia. Found that, despite the lack of civil codes CIS definitions of “financial services”, “service”, “other financial services”, “other established factoring contract obligations”, and in the case of the Civil Moldova – the lack of them in general, the principal distinguishing considered a sign of related services is inextricably linked with their main duty factor-accounts receivable financing requirements. The study identified the author of the controversial moments in their civil and legal regulation and suggests ways to improve the civil legislation of Belarus and Latvia.