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United Kingdom Quincecare dutybank fraudloss principle

Stanford International Bank Ltd v HSBC Bank plc

[2022] UKSC 34
JurisdictionUnited Kingdom
CourtUK Supreme Court
Year2022
StatusBinding authority

Key Principle

Quincecare duty; bank has no duty to verify authority of authorised signatories; Ponzi scheme; Bank of Credit and Commerce

Area of Law

banking

Related Cases

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Singularis Holdings Ltd v Daiwa Capital Markets Europe Ltd [2019] UKSC 50

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