When should compensation agreements between clubs be reported to FIBA?

Compensation agreements between clubs must be reported to FIBA within two weeks to ensure timely and accurate maintenance of records regarding player movements and financial obligations between clubs. This timeframe is established to promote transparency and facilitate the smooth operation of transfer regulations within the international basketball environment. Reporting within this period allows FIBA to monitor compliance with its regulations and manage the integrity of the competition effectively. Immediate reporting gives clubs the opportunity to resolve potential disputes and ensures that all clubs involved are recognized officially in the player transfer processes conducted under FIBA's jurisdiction.