United Kingdom

National Bank of Kazakhstan v Bank of New York Mellon SA

[2018] EWCA Civ 1390

JurisdictionUnited Kingdom

CourtEngland and Wales Court of Appeal (Civil Division)

Year2018

StatusBinding authority

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

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