Document background
The Master Receivables Purchase Agreement is commonly used in trade finance, supply chain finance, and general corporate financing scenarios where a company wishes to monetize its receivables on an ongoing basis. This agreement type is particularly relevant in Hong Kong, a major financial center where many companies engage in cross-border trade and require efficient financing solutions. The document establishes a master framework under which multiple purchases can occur without the need to negotiate new terms for each transaction. It includes comprehensive provisions addressing Hong Kong legal requirements for assignments, regulatory compliance, and data protection. The agreement is designed to facilitate efficient, repeated sales of receivables while providing legal certainty and operational clarity for all parties involved.
