Good news : trust concept finally introduced into French law
Journal
Finance and Capital Markets (formerly Derivatives & Financial Instruments) 2007 (Volume 9), No. 6
After years of debate and three withdrawn projects, the trust concept of fiduciary management (fiducie) has finally been introduced in French law. This article considers the legal features of a fiducie, as well as the tax and accounting treatment of the establishment, existence and termination thereof.