PSR’s New Rules Will Make FS & Banks Liable for APP Fraud
New rules to be introduced by the Payment Systems Regulator will in future make banks and financial services liable for payment scams and consequent reimbursement. Andy Barratt, UK Managing Director at Coalfire, explains more for Lawyer Monthly.
During the first six months of this year, victims of Authorised Push Payment (APP) scams were conned…
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