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Do banks owe pre-contractual duties to prospects and clients?

Rajah & Tann Asia

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Singapore December 21 2012

In recent times, there has been a spate of cases over the scope of duties owed by a bank to its client contractually or otherwise. The recent grounds of decision of Deutsche Bank AG v Chang Tse Wen [2012] SGHC 248 dealt with the question of whether such duties may arise before the parties entered into a contractual relationship, and the effect of the bank’s standard terms and conditions on a pre-contractual duty of care in tort.

Rajah & Tann Asia - Murali Pillai, SC

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Filed under

  • Singapore
  • Banking
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  • Rajah & Tann Asia

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