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Legal opinion is a tool that allows parties to a transaction obtain a qualified third-party opinion on the subject, object and other issues related to the conclusion of the transaction. It is a document drawn up by a competent lawyer on any specific question or problem. Before entering into any commercial transaction, the parties to such a transaction must carefully consider the nature and volume of the transaction, as well as legal issues related to it. A legal opinion for a bank is necessary in order to make sure that the activity carried out by the client or potential client is legal and does not contradict the legislation of the country of incorporation of the bank, the payer, or registration of the client company depending on the request of the bank respectively. A legal opinion for a bank is also necessary in order to reduce risks in case of potential verification by a correspondent bank or regulator. Positive legal opinion for the bank will confirm that the client of the bank carries out its activities without violating the laws of a particular country and, thus, the bank has the right to make money transfers to accounts or accounts of customer of the legal opinion. The legal opinion must necessarily be prepared by a specialist with experience in the field of banking law and should not be provided by the law of such a foreign state with which the lawyer is not familiar. Qualitative legal opinion for the bank is distinguished by strict language, clarity of the circumstances provided, validity in accordance with current legislation, as well as the presence of transparent and understandable conclusions. It is important to remember that drawing up a legal opinion on absolutely any issues, lawyers are responsible for their opinions, as they conduct legal and factual research, analysis and verification. It is for this reason that providing a legal opinion can be a rather expensive process. The law does not establish any specific form that a lawyer must adhere to when drawing up a legal opinion. Legal opinion, has a certain form developed over the centuries, this involves the practice of drawing up legal opinions by lawyers from countries around the globe. Information about the customer, information about the person to whom the conclusion is addressed, information about the compiler, information about the task that is delivered to the compiler. In some cases, it is also assumed that the legal opinion will be used by persons other than those specified. General presentation of the documents under study or other factual or legal issues that were considered by the compiler in the presentation of legal opinion, as well as information on the various admitted reservations. Such reservations may vary depending on the nature of the request. For example, there is an opportunity to make a statement about the advisability of using a foreign law, in the event that the obligation must be fulfilled outside the country. This is especially true in cases where issues of more than one country are being raised, which requires the involvement of relevant lawyers, attorneys or foreign partners. The legal opinion of a lawyer, including the study of facts, interpretation of facts on the subject of their legality or potential risks. The compiler of legal opinion should clearly and in details examine a sufficient number of facts confirming each of the conclusions set forth in the legal opinion. Conclusion of the compiler based on the study. In most cases, the findings of legal opinion can be backed up by copies of the documents examined, with which the legal compiler issued an opinion. The date and signature of the author, who issued the legal opinion. Usually, legal opinion is signed on behalf of the company with the specification of the persons who made the report. It should be noted that even such a seemingly insignificant moment as the date of approval of the legal opinion is extremely important, since the legal opinion must show the status of legal norms and the practice of their application at the time of preparing the opinion. Legislation, including corporate, banking and tax is subject to change and with this, the conclusion set forth in legal opinion may change. Lawyers of Law and Trust provide services for the development of a legal position on issues raised by you and further development of legal opinion. Search form. Opening of bank accounts. Registration of trademarks and patents. Hong Kong. All countries. Registration of Companies. Offshore jurisdictions Jurisdictions with preferential taxation. Other countries and jurisdictions. Registration of trademarks. Controlled foreign companies. Holding, Trust, Fund. Tax Planning and Optimization. Precious metals. Merchant accounts. Legal Opinion Letter. Obtaining licenses. Accounting services and audit. IT legal services. Legalization, Certification, Translation. Company and Account in One Country. Other services. Legal Opinion Letter for a Bank. What is Legal Opinion? Why do payment systems need Legal Opinion? What should be considered when drawing up a legal opinion for a bank? Form of compilation for Legal Opinion The law does not establish any specific form that a lawyer must adhere to when drawing up a legal opinion. Usually, the structure of the legal opinion is the following: 1. Key benefits of legal services offered by Law and Trust International. Experience and qualifications. It gives the opportunity for working with cases in many business areas like finance, IT, agriculture, trade and foreign economic activity. Thanks to this experience, our specialists always offer the best selection of services. Comprehensive approach and individual solutions. Law and Trust International always provides a vast range of services for our clients, taking into account the individual characteristics of each particular case. Due to this symbiosis, our specialists always fulfil all the wishes of clients in full and taking into account the requests and preferences of customers. Monitoring and innovation. Our team keeps tracking the newest and most advanced working methods, as well as the latest legislative, financial and economic information events around the world. It allows lawyers of Law and Trust International to quickly and creatively resolve virtually any issues in the field of legal consulting. Privacy and responsibility. For all the time of work, we have not had a single leak of commercial, personal or legal information. It allows us to develop, grow and achieve new opportunities. Reputation and result. A team of lawyers of Law and Trust International always welcomes the success of our clients. Reaching new results, we develop new skills that we successfully use in our work. Thanks to successful cases, our clients and our team, we are creating qualitatively new opportunities to achieve the desired result now. Any questions? Book a free consultation. Our Partners. Useful Links. Popular Legal Services. Stay Connected.

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Так, это правовое заключение, составленное компетентным юристом по какому-либо конкретно поставленному вопросу или проблеме. Прежде чем заключать какую-либо.

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