Federal Reporting Obligations

Federal Reporting Obligations: US Factoring Companies with Foreign Subsidiaries, Foreign Owners or Foreign Clientele, Beware!  By Robert M. Schechter and Pamela R. Kaplan, February 2016.

Many US factoring companies may be unaware that they are subject to mandatory reporting obligations issued by the US Department of Commerce’s Bureau of Economic Analysis (the “BEA”) if certain criteria are met. 

To read the full article as published in The Commercial Factor, a publication of the International Factoring Association, please click here.