authors
English Commercial Court gives further clarification on the Quincecare Duty
Briefing
23 June 2022
2 MIN READ
2 AUTHORS
The Commercial Court’s keenly awaited judgment in Federal Republic of Nigeria v JP Morgan Chase, the largest Quincecare claim before the English courts, has clarified the issues to be considered when determining the standard of a reasonable and honest banker under the Quincecare Duty, and highlighted its potential extension to “external” frauds.
Download Briefing
Download a PDF version of ‘English Commercial Court gives further clarification on the Quincecare Duty’
Related Insights
Briefing
FCA and PRA publish guidance on prudential assessments for acquisitions and increases in control of authorised firms
Briefing
Third Parties (Rights Against Insurers) Act 2010 developments
Briefing
Critical third parties update – new UK regime
Briefing
Potential amendments to the Financial Ombudsman Service’s redress system
RELATED INSIGHTS
Briefing
FCA and PRA publish guidance on prudential assessments for acquisitions and increases in control of authorised firms
The FCA and PRA have recently published a joint Policy Statement (PS18/24), implementing changes …
Read more
Briefing
Third Parties (Rights Against Insurers) Act 2010 developments
There have been two recent judgments in relation to the Third Parties (Rights Against Insurers) Act 2010 of interest …
Read more
Briefing
Critical third parties update – new UK regime
The FCA, the Bank of England and the PRA have jointly published a policy statement (PS 16/24) …
Read more