Home / Financial Services / Financial crime and sanctions / Fraud in financial services

Legal News

MPs call payment fraud redress plan half-baked

Copyright © 2025 LexisNexis
Published on: 06 March 2023
Published by a Law360 reporter

Article summary

Law360, London: Parliament's Treasury Committee said on 4 March 2023 that the Payment Systems Regulator's (PSR) current proposals requiring banks to reimburse victims tricked into transferring cash into a fraudster's account are not ready for prime time.

Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Related documents:

3 Checklists
View More
4 News
View More
4 Practice notes
View More
1 Q&As
Powered by Lexis+®

Related documents:

3 Checklists
View More
4 News
View More
4 Practice notes
View More
1 Q&As

Popular documents

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

Glossary—Latin legal terms

Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin