Dr. Sándor István - The Different Places and Roles of the Institution of the Trust in Business

The legal institution of the trust plays a central and important role in the everyday life and in the economy of Anglo-Saxon countries. The advantages of the trust are undisputable; this flexible and cost-efficient arrangement ensures substantial economic yields. The research focuses on important questions, such as the role of the trust in Anglo-Saxon legal systems, and whether the trust can be implemented in the economy with different legal arrangements and regulations based on the traditions of Roman law? Are the trust-like devices developed in the European Continental legal systems suitable to substitute the institution of the trust in business?