It has been an open question for almost 20 years whether a misrepresentation constituting dol (essentially, fraud) could be made by silence alone in Jersey law. The issue has now been laid to rest following the Royal Court...more
Fraud is on the rise. And as sums defrauded usually disappear, victims search for an alternative source to recover their losses. Unsurprisingly, the search often identifies banks' resources as a potential first call. ...more
10/13/2023
/ Banking Sector ,
British Virgin Islands ,
Cayman Islands ,
Duty of Care ,
Financial Conduct Authority (FCA) ,
Fraud ,
HSBC ,
Investment Firms ,
Liability ,
Misallocation of Funds ,
National Crime Agency (NCA) ,
Offshore Banks ,
UK Supreme Court ,
United Arab Emirates (UAE)