Batler W.E. Harmonization of Russian Law and Legal Provisions on Trusts

Abstract: Article is devoted to the current topic of harmonization of the Russian legislation on the example of the trust. The author shows the advantages of harmonization of policies for the economic development of states and analyzes its possible opportunities in the relation of the Law of Trusts of the Russian Federation, consisting of the chapter 53 of the Civil Code of the Russian Federation and the Presidential Decree of 1993 "On trust" which, from the point of view of the author remains in force. The paper pays great attention to the problems of using of trusts in the modern Russian economy. The author shows how the elements of the Anglo-American trust can be adopted to the Russian legal realities and economic benefits that it can give. The author analyzes the possibility of legal technique which allow Russian legal entities and individuals to use the system of trusts without violating the rules of Russian law.

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