Ceri Morgan#3185

Ceri Morgan

Professional Support Consultant, Herbert Smith Freehills
Ceri is the professional support consultant for Herbert Smith Freehills LLP's award-winning banking litigation practice in the UK, which is ranked in the first tier for banking litigation in Legal 500 and Chambers & Partners.
Contributed to

1

No duty of care owed to customers in connection with FCA past business reviews
No duty of care owed to customers in connection with FCA past business reviews
Practice notes

Since 2015, the courts have grappled with the claimant argument that financial institutions owe duties of care in tort directly to their customers in connection with their conduct of the past business review of interest rate hedging product sales announced by the Financial Conduct Authority (FCA), then the Financial Services Authority (FSA) in 2012 (the Review). A number of contradictory High Court decisions followed. This Practice Note discusses the 2017 Court of Appeal decisions which clarified—in three conjoined appeals—that such claimants have little prospect of bringing such claims against the banks conducting that Review.

Practice Areas

Panel

  • Contributing Author

Qualified Year

  • 2007

Membership

  • The Law Society
  • London Solicitors Litigation Association

Education

  • University College London, BSc (Hons) Molecular Cell Biology
  • BPP Law School, Post-graduate Diploma in Law
  • BPP Law School, Legal Practice Course

If you expected to see yourself on this page, click here.