FRENCH “ FIDUCIE ”, LATVIAN “ TRUST ” AND ROMANIAN “ FIDUCIA ” (CONCEPTUAL AND TERMINOLOGICAL DIFFERENCES)

Authors

  • Irina Gvelesiani Ivane Javakhishvili Tbilisi State University

DOI:

https://doi.org/10.17770/lner2013vol1.5.1154

Keywords:

Fiducia, fiducie, globalization, latvian, law, romanian, trust

Abstract

An “all-embracing” process of globalization stipulates the formation of today’s globe. It enters different spheres of life and facilitates the uniformity of economy, law, politics, language and even, cultural life. In the framework of globalization, drastic changes can be seen in the legal systems of some European countries. The given research tries to answer the demands of the modern epoch. It describes the process of the emergence of the European modifications of “trust”, singles out major concepts presented in the Latvian, Romanian and French trust mechanisms and underlines their significance in today’s world. The given research is a presentation of the new outlook of the development of “trust-like” institutions of some European countries.

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Author Biography

  • Irina Gvelesiani, Ivane Javakhishvili Tbilisi State University
    Ph.D, Associate Professor of the Faculty of Humanities

References

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FORTI V. Comparing American trust and French fiducie [online]. [seen on 18 Jan 2013] Available: http://www.cjel.net/wp-content/uploads/ 2011/01/Forti-Final2.pdf .

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LUMINITA T. The concept of the trust in Romanian law [online]. [seen on 12 Jan 2013] Available: www.rebe.rau.ro/RePEc/rau/journl/ SU11/ REBE-SU11-A13.pdf .

Mutual funds [online]. [seen on 27 Jan 2013] Available: http://www.sec.gov/answers/ mutfund.htm.

Trusts under Romania’s new civil code, fiducia [online]. [seen on 11 Jan 2013] Available: http://www.hr.ro/digest/201203/digest.htm#contents0

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Published

2013-10-21