The 'Farago'

The NatWest bank chief's error wasa lapse of judgement quite unlike that of the former Barclays CEO who pursued a whistleblower, yet did not resign for this. Adam Samuelunpicks the legal and regulatory issues raised by the Nigel Farage bank account furore.

Adam SamuelBA LLM DipPFS MCISI FCIArb Certs CII (MP&ER) Barrister and Attorney may be contacted atadamsamuel@aol.com.For links to where you can buy the second edition of 'Consumer Financial Services Complaints and Compensation', seewww.adamsamuel.com/writing.

Banks must not discuss their clients' relationship with them without the customer's permission unless required to by law. This very obvious statement of law led to the resignation of NatWest's chief executive, Alison Rose, after she commented to a journalist on Nigel Farage's account at Coutts, a bank owned by her business.