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Bank’s Quincecare Duty and Bank’s Duty to Execute Order: A Welcome Clarification

Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review

Abstract

In the recent Supreme Court case Philipp v Barclays Bank UK Plc (Philipp v Barclays), Lord Leggatt has ironed out the long misconceived Quincecare Duty being a conflicting duty to the bank’s other general duties is nothing more than a subordinate (non-independent duty) and a general duty to enquire on reasonable ground for believing that the agent of its customer was attempting to defraud the customer.
© 2024 Thomson Reuters and Contributors
Original languageEnglish
Pages (from-to)198-201
JournalJournal of International Banking Law & Regulation
Volume39
Issue number6
Publication statusPublished - Jun 2024

Bibliographical note

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