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4 paź 2024 · The UK’s new fraud rules are, on one level, a victory for consumer campaigners: make this a problem for the banks, rather than their customers, and the industry will be forced to invest in...
12 lis 2022 · The online safety bill has been welcomed by lenders, who argue that they are the only parties required to compensate users affected by fraud and scams, but some have called for further amendments.
12 wrz 2024 · Under the new failure-to-prevent-fraud offence, a company can be held liable if it fails to prevent an “associated person” from committing a set of specified fraud offences.
12 sie 2024 · An early flashpoint is looming over a decision by the independent Payment Systems Regulator to force banks to reimburse fraud victims for claims worth up to £415,000 from October 7. The move has...
30 paź 2024 · A new “failure to prevent fraud” offence (the FTPF Offence) has been introduced as part of the Economic Crime and Corporate Transparency Act (the Act). The Act received Royal Assent on 26 October 2023.
22 lut 2023 · The new offence will make an organisation liable if it fails to prevent a specified fraud offence (see details below) from being committed where: (i) an employee or agent commits the fraud; and (ii) the fraud is intended to benefit the organisation or a person to whom services are provided on behalf of the organisation.
1 mar 2024 · The government is creating a new failure to prevent fraud offence to hold organisations to account if they profit from fraud committed by their employees. This will improve fraud prevention...
