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Koperasi Sahabat Amanah Ikhtiar Bhd v RHB Investment Bank Bhd

Cited authorities 25 Cited in 2 Precedent Map Related
Vincent
JurisdictionMalaysia
CourtCourt of Appeal (Malaysia)
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2 firm's commentaries
  • [Banking & Insolvency] Financial Institutions Do Not Owe A Duty Of Care To Non-Customers
    • Malaysia
    • Mondaq Malaysia
    • 31 July 2023
    ...Federal Court allowed the appeal against the Court of Appeal's decision in Koperasi Sahabat Amanah Ikhtiar Bhd v RHB Investment Bank Bhd [2022] 6 MLJ 722, where the Court of Appeal had extended the duty of care owed by financial institutions to One of the questions of law posed to the Feder......
  • Legal Remedies For Scams
    • Malaysia
    • Mondaq Malaysia
    • 24 March 2023
    ...accessed 14 March 2023 2 [2013] 1 LNS 35 3 [2018] MLJU 1289 4 [2022] 6 MLJ 722 5 [2021] MLJU 6 This duty is also known as the Quincecare Duty, a duty of care that arises from the decision in Barclays Bank plc v Quincecare Ltd. It imposes a duty on the bank that it would observe reasonable s......

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