On 1 October 2015, a specialist banking and financial markets dispute resolution forum known as the Financial List came into operation. The Financial List is situated in the Rolls Building in London, and proceedings may be issued in either the Commercial Court or the Chancery Division. London has long enjoyed a pre-eminent reputation for commercial dispute resolution, and the Financial List was no doubt intended to consolidate its position as a key venue for banking litigation. However, the number of claims against banks issued in the High Court has been in decline in the last year.
Originally published in PLC Magazine - April 2016.
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