Debit transfer system and Stewardship: Difference between pages

Revision as of 08:41, 9 May 2022

1. Company law - directors.

The fundamental fiduciary duty of company directors, to safeguard and administer the property belonging to a company, on behalf of its shareholders.

2. Trustees - other contexts.

Similar duties of trustees and other fiduciaries, in relation to those on whose behalf they are acting.

@@ Line 1: / Line 1: @@
-''Funds transfer.''
+.  ''Company law - directors.''
-A funds transfer system in which debit collection orders made or authorised by the payor move from the bank of the payee to the bank of the payor and result in a charge (debit) to the account of the payor; for example cheque-based systems are typical debit transfer systems.
+The fundamental fiduciary duty of company directors, to safeguard and administer the property belonging to a company, on behalf of its shareholders.
-Also known as Debit collection system.
+.  ''Trustees - other contexts.''
+Similar duties of trustees and other fiduciaries, in relation to those on whose behalf they are acting.
 == See also ==
-* [[Credit transfer]]
+* [[Accountability]]
-* [[Credit transfer system]]
+* [[Accounting records]]
-* [[Payments and payment systems]]
+* [[Audit trail]]
+* [[Director]]
+* [[Fiduciary duty]]
+* [[Prosperity through Stewardship]]
+* [[Shareholder]]
+* [[Variance analysis]]
+* [[Trustees]]
+* [[UK Stewardship Code]]
-[[Category:Cash_management]]
+[[Category:Compliance_and_audit]]
-[[Category:Liquidity_management]]