THE SUPREME COURT HAND DOWN A LANDMARK JUDGMENT NARROWING THE SCOPE OF THE QUINCECARE DUTY

Judgment Date: 12 Jul 23

Summary In the highly significant decision of Philipp v Barclays Bank plc [2023] UKSC 25, the Supreme Court has overturned the Court of Appeal’s decision as to the scope of the so-called Quincecare duty. The decision provides certainty for financial institutions as to the extent of their obligations to investigate a...