Ben Kingsley is a partner in Slaughter and May's Financial Regulation Group. On a regular basis, Ben shares his thoughts with PLC Financial Services subscribers on topical developments in the banking and investment services sector.

In his September 2012 column, Ben discusses the recent Court of Appeal decision in Grant Estates Ltd v Royal Bank of Scotland plc [2012] CSOH 133 (21 August 2012), which has some interesting legal implications for banks and investment firms.