22 January 2010
The authors should consider the civil law consequences of breaching rules applicable to the conduct of business by regulated entities in connection with entering into contracts.
Rules applicable to the conduct of business include, for example, those setting out obligations of securities dealers vis-a-vis their customers under the laws implementing Directive 2004/39/EC on markets in financial instruments or rules specifying into which kinds of trades an insurance company or an investment fund is permitted to enter.
The authors should especially focus on whether these rules can limit the legal capacity of the relevant regulated entity and whether their breach by the regulated entity can lead to the relevant contract being invalid or to civil law liability for damages.
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Further informationa and instructions about how to enter is available to download: Regional student essay competition . (266KB, PDF)
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