Encyclopaedia of Banking Law

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Commentary

Description: Source Currency : Issue 219 September 2026 Impact of the Retained EU Law (Revocation and Reform) Act 2023 This title contains references to retained EU law (REUL) and associated terms introduced by the European Union (Withdrawal) Act 2018 in connection with Brexit. From 1 January 2024, REUL that remains in force is known as ‘assimilated law’, in accordance with section 5 of the Retained EU Law (Revocation and Reform) Act 2023 (REUL(RR)A 2023) and is generally to be interpreted according to ordinary domestic law and principles. REUL(RR)A 2023 also introduces new tests for courts considering whether to depart from assimilated case law, and procedures for dealing with points of assimilated law. From 1 January 2024, unless otherwise stated (or referencing a point in time at or before the end of 2023), references to REUL and associated terms within domestic legislation are read as references to assimilated law and associated terms. The following areas of the title have been updated: Binder 1 Division C: The Relationship of Bank and Customer Binder 1A Division F2: The Effect of Insolvency on Banking and Finance Transactions

Contributors

Victor Steinmetz, Barrister, 3vb, London  Author
George Walker  Contributing editor
Jonathan Lester, Barrister, Forum Chambers, London  Contributor
Lloyd Maynard, Barrister, Forum Chambers, London  Contributor
Charles Proctor LLB (B'ham), LLD (B'ham), Partner, gunnercooke LLP, London   General editor
Michael Phillis, Barrister, Forum Chambers, London  Contributor
Ryan Ferro, Barrister, 3vb, London  Author
Ruhi Sethi-Smith, Barrister, Forum Chambers, London  Contributor
Richard Mawrey KC  Contributing editor
Dr Bolanle Adebola, Associate Professor, School of Law, University of Reading  Author
David McIlroy MA (Cantab), Mltr Dt (Toulouse), Phd (Wales) Barrister & Head of Forum Chambers, London, Visiting Professor in Banking Law at Queen Mary's University of London and at the University of Notre Dame (USA) in England  General editor
The Hon.Mr. Justice Blair  Founding editor
Philip Wood KC  Founding editor
Thomas Samuels, Barrister, Henderson Chambers, London  Author
Sir Peter Cresswell  Founding editor
Clyde Darrell, Barrister, Forum Chambers, London  Contributor
Dr Karim Aldohni Contributing editor
 Lara Oyesanya Contributing editor
 Paul Choon Kiat Wee Contributing editor
 Richard Hanke Contributing editor
 Sarah Garvey Contributing editor
 Sarah Paterson Contributing editor
 Theodor van Sante Contributing editor