https://deu.proz.com/kudoz/german-to-english/accounting/2122292-verm%C3%B6gensbetreuungspflicht.html

Glossary entry

Deutsch term or phrase:

Vermögensbetreuungspflicht

Englisch translation:

duty (or obligation) to care for assets

Added to glossary by EMatt
Sep 4, 2007 22:00
17 yrs ago
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Deutsch term

Vermögensbetreuungspflicht

Deutsch > Englisch Wirtschaft/Finanzwesen Bilanzierung/Buchhaltung corporate governance
Die Angeklagten verletzten ihre Vermoegensbetreuungspflicht durch die Zuerkennung von nutzlosen Anerkennungspraemien.
Change log

Sep 5, 2007 06:27: Steffen Walter changed "Term asked" from "Vermoegensbetreuungspflicht" to "Vermögensbetreuungspflicht" , "Field (write-in)" from "corproate governance" to "corporate governance"

Proposed translations

43 Min.
Deutsch term (edited): Vermoegensbetreuungspflicht
Selected

duty (or obligation) to care for assets

I hesitate to suggest this, because I am sure that you are familiar with this possibility, but without more context, it is hard to be more precise.
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4 KudoZ points awarded for this answer. Comment: "Thanks. I was looking for a better solution but ended up using something similar."
1 Stunde
Deutsch term (edited): Vermoegensbetreuungspflicht

neglected their duty to monitor and supervise the assets

oder , wenn es um eine professionelle vermoegenstbetreuung geht, neglected their fiduciary duties managing the assets
depends on the audience- if this has to go to court the terminology may well have to be adjusted by a lawyer.
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8 Stunden

Financial Care duty

Duty of Financial Care

The accused/defendant failed to perform their financial care duty by awarding...

Example sentence:

The accused/defendant failed to perform their financial care duty by awarding...

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18 Stunden

responsibility for, in respect of, asset management

violating their .....
is another option.
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3 Tage 11 Stunden

duty of asset trusteeship

Includes, in the Anglo-Am. law of equity, the duty not only to look after, but also to review at regular intervals, maintain the value and diversify investments.

Example sentence:

If the trustee breached its duty to diversify the trust assets by investing a substantial amount of trust money in a single stock, and if the company went ...

unfair to both income beneficiaries and trustees. 16. The trustees’ investment duty is not to achieve a particular outcome, but rather to ...

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