Fiduciary duty: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Added link) |
||
Line 10: | Line 10: | ||
* [[Bona fide]] | * [[Bona fide]] | ||
* [[Fiduciary services]] | * [[Fiduciary services]] | ||
* [[Proxy]] | |||
* [[Stewardship]] | * [[Stewardship]] | ||
* [[Trustees]] | * [[Trustees]] | ||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] |
Revision as of 14:19, 17 August 2016
Law.
A fiduciary duty is a legal duty to act solely in another party's interests.
A fiduciary is a person who occupies a position of trust in relation to someone else and is required to act for the latter's benefit within the scope of that relationship.