Lloyd's Maritime and Commercial Law Quarterly
THE QUINCECARE DUTY AND THIRD-PARTY BENEFICIAL OWNERS
SOH Kian Peng*
Robbie TAN Shih Rong†
RBSI v JP SPC 4
Introduction
In Barclays Bank Plc v Quincecare Ltd,1 (“Quincecare”) Steyn J, in describing what has become known as the “Quincecare duty”, stated that “a bank should refrain from executing an order if and for so long as it was put on inquiry by having reasonable grounds (although
* Justices’ Law Clerk, Supreme Court of Singapore; Adjunct Faculty, Yong Pung How School of Law, Singapore Management University. The article is written in the author’s personal capacity. The opinions expressed in the article are entirely the author’s own views and do not reflect the views or positions of the entities to which the author belongs.
† Part B Candidate, Singapore Institute of Legal Education.
1. [1992] 4 All ER 363.
Case and comment
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