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Welcome to the Spring 2023 edition of our biannual Banking Litigation Update, in which we highlight the most important cases and developments affecting UK financial institutions over the past six months.

Read the full Banking Litigation Update here.

We have also recorded a short video to provide a high-level overview of developments during this period, which you can access here:

The content of this edition of our Banking Litigation Update is as follows:

Duties in Financial Services

Contractual Construction

ISDA Master Agreement

Securities Litigation / Class Actions



Disclosure and Privilege

Procedural Developments

Other Significant Developments

We hope you find our update useful and, as ever, please feel free to contact your usual Herbert Smith Freehills contact if there are any topics that you would like to discuss further.

Key contacts

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Rupert Lewis

Partner, Head of Banking Litigation, London

Rupert Lewis
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Ceri Morgan

Professional Support Consultant, London

Ceri Morgan
Sarah McCadden photo

Sarah McCadden

Professional Support Lawyer, London

Sarah McCadden

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