The Chartered Trading Standards Institute (CTSI) has published a statement on the Mandatory Authorised Push Payment (APP) reimbursement scheme. The new statutory framework, put in place by the Payment Systems Regulator to protect victims of APP scams in the UK, came into effect on 7 October 2024. It introduces mandatory reimbursements for victims of fraud who unknowingly transferred money from their UK accounts. The CTSI expressed 'significant concerns' over the reduced maximum reimbursement cap, now set at £85,000, down from the initially proposed £415,000. This change was made despite a lack of clear evidence supporting the reduction, and CTSI fears it may leave many victims struggling to recover their full losses, particularly those affected by high-value scams like investment and property fraud.