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United Kingdom · Question · Written question

UIN 67581

Fraud: Compensation

answeredUnited Kingdom· UK Parliament· EN

Introduced

14 July 2025

Last action

17 July 2025 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

17 July 2025

Summary

To ask the Chancellor of the Exchequer, what recent assessment her Department has made of the effectiveness of the Financial Conduct Authority's powers to seek redress for the victims of financial fraud.

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

Timeline

  1. 14 July 2025

    Written question

    To ask the Chancellor of the Exchequer, what recent assessment her Department has made of the effectiveness of the Financial Conduct Authority's powers to seek redress for the victims of financial fraud.

    Source: Commons

  2. 17 July 2025

    Answer

    The Government takes the issue of fraud very seriously and is dedicated to protecting the public from this devastating crime. In October 2024, the Payment Systems Regulator (PSR) introduced a mandatory reimbursement regime for authorised push payment (APP...

    Source: Written answer

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