Case of the week: Banking and finance
(1) Shah; (2) Mahabeer v HSBC Private Bank (UK) Ltd [2012] EWHC 1283 (QB). Supperstone J. 16 May 2012 Where a bank suspected a customer of money laundering, an implied term in the bank-customer contract permitted it to refuse to execute a payment instruction pending permission from the Serious Organised Crime Agency (Soca) under the […]