Danuta Pajewska: A well-functioning compliance division lets management sleep easier
Interview with Danuta Pajewska, partner at Wardyński & Partners and co-head of the Banking and Finance practice group
How long is a bank liable for the act of an employee?
If bank staff commit an offence to the detriment of a bank customer, the bank is liable for failure to supervise the employee.
First judgment in favour of a customer who lost money on currency hedging
The court held that the bank misled the customer by failing to warn of the risk associated with currency forward contracts. But each claim must be considered on a case-by-case basis.
