United Kingdom

National Bank of Kazakhstan v Bank of New York Mellon SA

[2018] EWCA Civ 1390

JurisdictionUnited Kingdom

Year2018

Statusunclear

Key Principle

The sovereign immunity provisions in the State Immunity Act 1978 protect a central bank's funds from enforcement; the funds are immune regardless of the purpose for which they are held.

Area of Law

banking

Related Cases

Westpac Banking Corporation v Lenthall (2019) 269 CLR 574

AUSTRAC v Commonwealth Bank of Australia [2018] FCA 930

Paciocco v ANZ Banking Group Ltd (Full Federal Court) (2015) 236 FCR 199

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