# Trustee contract (trust deed)

- Canonical URL: https://www.gerhardmerk.de/trustee-contract-trust-deed-2
- Post ID: 593170
- Modified: 2023-07-25T21:11:58+00:00
- Language: en

## Definition

Generally, the appointment of a person or a company to independently take care of business, such as the management of assets, which one cannot, will not or may not take care of oneself. - In the insurance sector, the supervisory authority had to reprimand several agreements that in some cases turned trustees into management consultants. - See outsourcing, contractual trust arrangement, file management, centralized, ancillary services, bank-related nominee, outsourcing, spin-off, trustee, fiduciary account, fiduciary models. - See BaFin 2005 Annual Report, p. 95; BaFin 2009 Annual Report, p. 206 (role of trustee in divestitures). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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