Law in the financial sphere
There are many disciplines of law that govern and regulate matters in the financial sphere. Here are some of the important ones.
Company Law - This branch of law has developed from the concept of the law of trusts. There is a principle where there is a clear separation between the ownership of property and the control of property. The company law of the modern times and as we see it today all started with the Joint Stock Companies Act of 1856. This law was passed in the United Kingdom. This law enabled all the investors to easily register themselves and then gain a limited liability. Continue reading




