In the journals

Threatening banks with accessory liability claims
This article considers the much discussed Court of Appeal decision in US International Marketing Limited v The National Bank of New Zealand Limited and discusses when a bank should be liable to a third party for aiding a breach of trust by the bank's customer.

Master agreements, bridges and delays in enforcement, part 1
An article extolling the benefits of extending termination and close-out netting as a method of controlling credit risk in derivatives markets to a broad range of transactions.

Trans-Tasman battle for priority
This article looks at the differences between the regimes for registering charges in Australia under the Corporations Act 2001 and in New Zealand under the Personal Property Securities Act 1999.

Enquiries and information

For more information on any of the cases, articles and features in Financial Services Quarterly, please email Rachel Gowing or call on 64 9 916 8825.