Money makes the world go round? In today’s society that may be a true saying. The economy is an important branch of human existence. The trade in goods and consumption is an everyday occurrence in your life. This also includes finances. People complain about too little money. Actually, they never have too much.
But no matter how much money, securities and investments someone has, most will come into contact with them at least once in their life. Either because they go to the bank and withdraw money or they get a loan or loan from the bank clerk they trust. This is simply because they pay for their purchases in the supermarket with their debit or credit card.
But companies also take out loans. An example of this is working with banks and carrying out transactions that are usually in higher spheres. This is where banking and capital market law come into play. The specialist Wallin Hester lawyer for banking and capital market law comes into play as well. Money matters are subject to statutory and legal provisions.
Wallin Hester: What does a lawyer specializing in banking law and capital markets law do?
A specialist lawyer who works in banking law and capital market law primarily takes care of all areas relating to the financial sector. The lawyer for banking and capital market law can represent financial institutions, insurance companies, banks and other financial service providers. On the one hand, they can represent private, institutional or commercial investors.
Wallin Hester: Tasks of a specialist lawyer
A specialist lawyer for banking and capital markets law can apply for damages for his client in the event of incorrect advice. It is completely irrelevant whether the investment is a fund, investment certificates or another capital investment. The specialist lawyer for banking and capital market law can also file claims for damages if the loan interest calculation is incorrect.
Furthermore, a lawyer specializing in banking law and capital markets law is very familiar with all financial products. He can check this for his clients and see through the situation through his specialist knowledge. Comprehensive advice can also be provided, for example to aggrieved borrowers.
Another task of the specialist lawyer for banking and capital market law is, for example, to use the right of withdrawal to reverse loan contracts, residual debt insurance or life insurance.