Gillian Hughes

Reassessing the Quincecare duty: anti-money laundering obligations and the boundaries of authorised payments

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.