Our articles are written by experts in their field and include individual barristers, solicitors, academics, judges, and leading firms in relevant areas of practice. JIBFL offers authoritative insights into global banking and financial law, providing essential updates for legal practitioners and policymakers. Covering key topics like lending, security interests, derivatives, debt capital markets, banking and finance related disputes, crypto, FinTech and financial regulation, JIBFL serves as a trusted resource for navigating complex legal challenges and staying informed in the financial sector. If you would like to contribute, please email Amanda.Cohen2@lexisnexis.com.
Reassessing the Quincecare duty: anti-money laundering obligations and the boundaries of authorised payments
© Copyright LexisNexis 2025. All rights reserved.
The UK Supreme Court’s decision in Philipp v Barclays Bank UK plc has clarified the nature and scope of the so-called Quincecare duty, but significant uncertainties remain. This article explores two aspects of the duty: first, how anti-money laundering obligations intersect with the Quincecare duty; and second, in what circumstances a payment should be treated as properly authorised.
If you are already a User, sign in
Or you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Alternatively you can subscribe here to read unlimited content.
