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Book review: Paget’s Law of Banking (16th edition)

08 March 2024 / Richard Salter KC
Issue: 8062 / Categories: Features , Profession , Banking
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"A valuable resource for all those concerned with the law as it affects banks and their customers"

Author: John Odgers KC and Ian Wilson KC

Publisher: LexisNexis Butterworths

ISBN: 9781474326803

RRP: £689


The unnamed person who reviewed the first edition of Sir John Paget’s Law of Banking in The Juridical Review in 1904 said that Paget’s name was ‘a sufficient guarantee for the thoroughness of the work’. The 16th edition, which was published in August 2023, is the third edition under the similarly thorough general editorship of John Odgers KC.

John Odgers, formerly at 3 Verulam Buildings (3VB), is now senior legal counsel at the Financial Ombudsman Service (FOS) and five of the (now) 40 chapters in the book have been contributed by his colleagues at FOS. These include two entirely new chapters, the first on the very current topic of authorised push payment fraud, and the second on the Financial Ombudsman Scheme. They also include a substantially revised Chapter 25 on electronic payment systems,

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