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Quincecare in the Privy Council: Royal Bank of Scotland International Ltd v JP SPC 4 and another (Isle of Man) [2022] UKPC 18
On 12 May 2022 the Judicial Committee of the Privy Council handed down judgment in Royal Bank of Scotland International Ltd v JP SPC 4 and another (Isle of Man) [2022] UKPC 18. The appeal concerned the important question of whether a bank owes a duty of care in negligence to a person who is known to be the beneficial owner of moneys held in the account of a customer of the bank and who has been defrauded by the customer.
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