Does a bank owe a “retrieval duty” to the victims of fraud?

An article written by Fountain Court’s Rosalind Phelps KC, entitled ‘Does a bank owe a “retrieval duty” to the victims of fraud?’, has been published by LexisNexis.

This article considers whether there should be a “retrieval duty” on banks to recover monies transferred as a result of an alleged fraud, following the failed strike-out application in CCP Graduate School Limited v National Westminster Bank PLC [2024] EWHC 581 (KB).

This piece was originally produced by Lexis Nexis in Butterworths Journal of International Banking and Financial Law and can be found here (for subscribers).