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NLJ this week: APP fraud & how banks should respond

24 May 2024
Issue: 8072 / Categories: Legal News , Fraud , Financial services litigation
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A recent decision (although subject to appeal) offers hope for victims of authorised push payment (APP) fraud

In this week’s NLJ, Jon Felce and Rosie Wild, partners at Cooke, Young & Keidan, explain the ruling and its implications, including what steps payment service providers should be taking in response.

The case in question is CCP Graduate School Ltd v National Bank Plc and another company. CCP was tricked into sending money to fraudsters, and turned to her bank for redress. Was a Quincecare duty owed? The facts have some similarities to those in Philipp v Barclays Bank.

Felce and Wild write: ‘Assuming a duty is found to exist, financial institutions will be interested particularly in the scope of that duty and what steps reasonably should be taken by them, including whether that extends beyond any system of indemnification found to exist.’

MOVERS & SHAKERS

mfg Solicitors—Brian Hession

mfg Solicitors—Brian Hession

Birmingham commercial property team bolstered by partner hire

STEP—Sara Morgan

STEP—Sara Morgan

Fieldfisher director re-elected as deputy chair of England Wales committee

Osborne Clarke—Andrew Eaton

Osborne Clarke—Andrew Eaton

Restructuring and insolvency expert joins as partner

NEWS
Charles Pigott of Mills & Reeve reports on Haynes v Thomson, the first judicial application of the Supreme Court’s For Women Scotland ruling in a discrimination claim, in this week's NLJ
Small law firms want to embrace technology but feel lost in a maze of jargon, costs and compliance fears, writes Aisling O’Connell of the Solicitors Regulation Authority in this week's NLJ
In this week's NLJ, Steven Ball of Red Lion Chambers unpacks how advances in forensic science finally unmasked Ryland Headley, jailed in 2025 for the 1967 rape and murder of 75-year-old Louisa Dunne. Preserved swabs and palm prints lay dormant for decades until DNA-17 profiling produced a billion-to-one match
Bea Rossetto of the National Pro Bono Centre makes the case for ‘General Practice Pro Bono’—using core legal skills to deliver life-changing support, without the need for niche expertise—in this week's NLJ
Charlie Mercer and Astrid Gillam of Stewarts crunch the numbers on civil fraud claims in the English courts, in this week's NLJ. New data shows civil fraud claims rising steadily since 2014, with the King’s Bench Division overtaking the Commercial Court as the forum of choice for lower-value disputes
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