| Recently, international factoring is experiencing a tremendous increase all over the world, while in our country its development is relatively slow compared to the rapid development of international trade, due to various risk factoring is faced with. As an important method of international settlement and trade finance, the domestic factoring is never failing to attract our eyes. Thus the research of the legal counter-measures for preventing the risk of commercial factoring is one of foremost condition to carry out the operation successfully.This paper reviews various theories and demonstrative researches of commercial factoring, including applications, operational patterns and the price-making of factoring. On the other hand, the author analyzes the market risk, operational risk and legal risk according to the sorts of financial risk by international conventions and attempts to offer some concerned protective methods against those risks. In addition, this paper is based on the practices of business and pays special attention to analyze the causes and difference of different risk factors and preventive measures.Through the study of this legal issue, the author hopes that it will make some confusing issues of commercial factoring in our country much more clear and contribute to the practical development of commercial factoring in China. |
