Legal News

UK Finance publishes updated Financial Abuse Code to align with Consumer Duty

Published on: 30 April 2025
Published by LNB News

LNB News 30/04/2025

Document Information

Issue Date: 30 April 2025

Published Date: 30 April 2025

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

UK Finance has published the third iteration of its Financial Abuse Code which it describes as the central pillar of the banking industry’s support for victim-survivors of domestic abuse. The Code has been updated to take into account the higher consumer protection standards under the Financial Conduct Authority’s Consumer Duty. The updated Code is effective from 30 April 2025.

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