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A sea change is taking place in the law and practice of trust and wealth management in Japan. As the rapidly aging society opens up to the globalised market, a flurry of legislative reform accompanies it in the areas of guardianship (1999), trusts (2006), and succession (2018). The government...
Persistent link: https://www.econbiz.de/10012844645
This article will trace the paths of trust law diffusion, with the dual aim of identifying the role of Japanese law in shaping the global evolution of the fiduciary norm and examining the doctrinal and conceptual implication that the understanding of these historic paths can bring about. The...
Persistent link: https://www.econbiz.de/10012913620
This paper traces the drafting process of the Japanese Trust Act 1922. Although the Act itself has been superseded by the new Trust Act 2006, it has left a definitive impact on how trusts are conceptualised, debated and put into practical use in Japan. The conventional understanding is that...
Persistent link: https://www.econbiz.de/10014134081