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Banking law and financial regulation set minimum standards on the amounts of capital banks must hold, and rules about best practice for investment. This is to insure against the risk of economic crises, such as the Wall Street Crash of 1929. Lord King LC was worried that trustees might exploit opportunities to use trust property for themselves instead of looking after it.
- This usually entails exploring case-law reports, legal periodicals and legislation.
- Another example of a trustee’s duty might be to invest property wisely or sell it.
- A solid substantive grounding in the laws dealing with art, inventions, and information goods and services.
- European Union law is the first and so far the only example of a supranational law, i.e. an internationally accepted legal system, other than the United Nations and the World Trade Organization.
- Today, countries that have civil law systems range from Russia and Turkey to most of