Subscribe to my personal channel for videos on how to study law effectively & efficiently:    / @heygarethevans   A fiduciary relationship implies a duty of trust: it is usually a oneway relationship: a trustee owes a beneficiary a fiduciary duty, but not vice versa. “A fiduciary must act in good faith; he must not make a profit out of his trust; he must not place himself in a position where his duty and his interest may conflict; he may not act for his own benefit or the benefit of a third person without the informed consent of his principal. This is not intended to be an exhaustive list, but it is sufficient to indicate the nature of fiduciary obligations. They are the defining characteristics of the fiduciary”: Bristol and West Building Society v Mothew [1998] Ch 1 (Millett LJ).

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SEE MY VIDEO ON SPECIFIC DUTIES ➡
   • The Specific Duties of Fiduciaries | ...  

If you liked this video you may like my website post on 'Trustees' Duties': https://digestiblenotes.com/law/trust...