The claimants appealed against a claim that they had been mis-sold interest rate swap arrangements by their bankers, thereby suffering losses.
Richards, Hellett, Tomlinson LJJ
 EWCA Civ 1197
Financial Services and Markets Act 2000 150
England and Wales
Cited – Hedley Byrne and Co Ltd v Heller and Partners Ltd HL 28-May-1963
Banker’s Liability for Negligent Reference
The appellants were advertising agents. They were liable themselves for advertising space taken for a client, and had sought a financial reference from the defendant bankers to the client. The reference was negligent, but the bankers denied any . .
Cited – Loosemore v Financial Concepts 2001
The skill and care to be expected of a financial advisor would ordinarily include compliance with the rules of the relevant regulator. . .
Lists of cited by and citing cases may be incomplete.
Updated: 11 November 2021; Ref: scu.516319