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United Kingdom · Question · Written question

UIN 6733

Payments: Fraud

answeredUnited Kingdom· UK Parliament· EN

Introduced

4 June 2026

Last action

11 June 2026 · Answer

Status

Answered

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Discovery layer

Source updated

11 June 2026

Summary

To ask the Chancellor of the Exchequer, what assessment she has made of the effectiveness of use of The Payment Services (Amendment) Regulations 2024.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 4 June 2026

    Written question

    To ask the Chancellor of the Exchequer, what assessment she has made of the effectiveness of use of The Payment Services (Amendment) Regulations 2024.

    Source: Commons

  2. 11 June 2026

    Answer

    The Payment Services (Amendment) Regulations 2024 allows payment service providers to delay the execution of certain payment transactions by an additional 72 hours where there are reasonable grounds to suspect fraud or dishonesty, and where more time is n...

    Source: Written answer

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