Common use of Governing Law and Jurisdiction Clause in Contracts

Governing Law and Jurisdiction. (1) The business relationship between You and the Bank shall be governed by Maltese Law, but any mandatory protection granted under Swedish law for the purpose of consumer protection shall apply to You. (2) You may only bring proceedings against the Bank in the Member State of the European Union where You are domiciled or in Malta. The Bank may bring proceedings against You in the Member State of the European Union where you are domiciled. Both parties may bring a counter-claim in the court where the original claim is pending.