Charlotte Eborall and Gretel Scott write for JIBFL on recent banking law decision
Charlotte Eborall has written an article on the Supreme Court’s decision in Kession Capital Ltd (in liquidation) v KVB Consultants Ltd & Ors [2026] UKSC 11, the leading authority on the scope of an authorised firm’s responsibility for the acts of its appointed representatives under section 39 of the Financial Services and Markets Act 2000. The article explores the implications of the decision for authorised firms, investor protection and the drafting of appointed representative agreements.
Gretel Scott has written an article on the High Court’s decision in Boult v Together Personal Finance Ltd [2026] EWHC 809 (Ch) which confirms the continued application of the ‘rule in Pigot’s Case’. The rule provides that a material alteration of a deed or other instrument after execution by one party without the knowledge or consent of the other renders it void. The article examines the implications of this archaic rule and highlights the practical lessons for financial institutions and contracting parties.
These articles were first published in the July 2026 issue of Butterworths Journal of International Banking and Financial Law (JIBFL).
Access the articles here (with free registration to JIBFL).
