PT v Citibank [FACV 11/2022]- Further developments on Quincecare duty
Further developments on Quincecare duty. In PT v Citibank FACV 11/2022, (6 February 2023) the Hong Kong CFA took the opportunity to give clear guidance on a bank’s duty (and liability in debt when in breach) to its customer in respect of fraudulent transfers from the account effected through the instructions of mandatory officers where […]