Creed Solicitors Insights:
High Court Rules Against Extending Receiving Bank’s Liability in Fraud Case
No Duty of Retrieval on Receiving Banks: High Court Rules Against Extending Receiving Bank’s Liability in Fraud Case Santander UK plc v CCP Graduate ... Read more
New identity verification regime at Companies House
New identity verification regime at Companies House becomes mandatory on 18 November 2025. As part of the Economic Crime and Corporate Transparency Act 2023, ... Read more
Lessons from Hamblin & Anor v Moorwand Ltd & Anor 2025
On appeal, the High Court in Hamblin & Anor v Moorwand Ltd & Anor [2025] upheld a novel derivative action brought by victims of Authorised ... Read more
Failure to Prevent Fraud: What Businesses, both Big and Small, Need to Know
A new corporate criminal offence Failure to Prevent Fraud (“FtPF”) will come into force on 1 September 2025. It will be set out in ... Read more
Philipp v Barclays Bank
Five key points from Philipp v Barclays Bank UK Plc Now that the dust has settled on the immensely important Supreme Court judgement in Philipp ... Read more
PRA expand deposit protection: What it means for EMIs & PIs
On 31st March 2023, the Prudential Regulation Authority (PRA) published policy statement PS2/23. The statement, in conjunction with the amendments made in PRA23/1, finalised the rules in ... Read more
Authorised push payment fraud: Important Consultation
The Payment Systems Regulator (PSR) is proposing new measures to fight payment scams – and the Regulator issued a consultation paper (CP22/4) in September 2022 relating ... Read more
Is your online platform a regulatory risk to your business?
Does your payment institution (“PI”) or electronic money institution (“EMI”) have an online platform whereby its customers can: If so, did the PI or ... Read more
3 steps to that ensure your payment institution’s or electronic money institution’s outsourcing contracts comply with the FCA’s requirements
Outsourcing is a valuable tool and often critical in the operation of payment institutions and electronic money institutions. Given its importance, it is no ... Read more