Law of Property Act 1925: Primary legislation governing the assignment of receivables and notice requirements in England and Wales
Contracts (Rights of Third Parties) Act 1999: Legislation concerning the rights of third parties in relation to assigned receivables
Financial Services and Markets Act 2000: Regulatory framework applicable when the factor is providing regulated financial services
Consumer Credit Act 1974: Legislation relevant when underlying receivables involve consumer contracts
Business Contract Terms (Assignment of Receivables) Regulations 2018: Secondary legislation addressing restrictions on assignment prohibition clauses
Late Payment of Commercial Debts (Interest) Act 1998: Legislation governing interest calculations on commercial debts
Insolvency Act 1986: Key legislation regarding insolvency proceedings and their impact on assignments
Enterprise Act 2002: Supplementary insolvency legislation affecting assignment in insolvency scenarios
UK GDPR: Data protection legislation governing the processing and sharing of personal data
Data Protection Act 2018: UK's implementation of data protection requirements, relevant for sharing customer information
Money Laundering Regulations 2017: Anti-money laundering regulations affecting financial transactions and due diligence requirements
Proceeds of Crime Act 2002: Legislation addressing money laundering and proceeds of crime considerations in financial transactions
Financial Collateral Arrangements (No.2) Regulations 2003: Regulations governing financial collateral arrangements in factoring transactions
