TITLE

Lender liability in Swedish law

AUTHOR(S)
Gorton, Lars
PUB. DATE
August 2002
SOURCE
Journal of International Banking Regulation;Aug2002, Vol. 4 Issue 1, p32
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
In Sweden as elsewhere, financial law is an area of legislation which has expanded considerably in the last two decades. Previously Swedish battles were strictly regulated through banking legislation and had little opportunity to act commercially. More recently, however, following the so-called deregulation of financial institutions -- which has actually meant an extensive reregulation at the European Union level and indeed worldwide there have been substantial efforts to allow a freer movement of capital. This development has had a significant impact on the private law affecting banks as a result of the emergence of new types of financial transactions. This paper seeks to describe and illustrate, from a Swedish perspective, at least part of this development and in particular examines Swedish banks' function as lenders and their liability as such.
ACCESSION #
7025900

 

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