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Level 7 Diploma in International Business Law

Fiduciary Duties and Governance Across Trust Frameworks

IBL702 · Commercial Trust Law — Week 7 of 16

CourseIBL702
Week7 of 16
SemesterI
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This week’s topics

Fiduciary Duties and Governance Across Trust Frameworks

  1. Core duties of loyalty and prudence
  2. Modification of the 'no conflict' and 'no profit' rules in commerce
  3. Duty of care in pension trusts and commercial enterprise
  4. Differing supervisory standards between private and commercial trusts

What you will be able to do

  • 3.2 Compare and contrast the rights and duties imposed upon a trustee of a commercial trust or family trust.

Activity

Seminar, guided reading and a short written task: compare and contrast the rights and duties imposed upon a trustee of a commercial trust or family trust.

Study materials

Further resources

  • Trustee Act 2000 · Reading · legislation.gov.uk, legislation · for registered students
  • Hopcraft v Close Brothers Ltd (motor finance commissions) [2025] UKSC 33 · PDF · Other, case law; 110 pages · for registered students
  • HMRC Trusts, Settlements and Estates Manual · Reading · GOV.UK, guidance · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

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Course plan
  • Week 1: Foundations and Functions of Commercial Trusts
  • Week 2: Creation and Mechanics of Express Commercial Trusts
  • Week 3: Equitable Rights and Obligations of Parties
  • Week 4: The Interplay of Contract, Equity, and Trust Law
  • Week 5: Conceptual Separation of Trust Law from Contract Law
  • Week 6: Comparative Trustee Powers: Commercial versus Family Settin…
  • Week 7: Fiduciary Duties and Governance Across Trust Frameworks
  • Midterm: Midterm evaluation
  • Week 9: Trustee Liability and Risk Mitigation
  • Week 10: Trust Creditors and Asset Recovery
  • Week 11: Cross-Border and Comparative Creditor Protection
  • Week 12: Applying Commercial Trust Law in practice: case studies
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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