Wednesday, 27 March 2013

UK: Law Commission project on the fiduciary duties of investment intermediaries

The Law Commission for England and Wales has published information about its new project examining the fiduciary duties of investment intermediaries: see here. The full terms of reference are available here (pdf). At this stage the Commission is seeking views on whether the law of fiduciary duties causes problems in practice. A consultation paper will be published by October 2013 and a final report with recommendations is expected by June 2014.

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