Written questions

Financial Services: Fraud

Commons · Question 7120 · Tabled 5 Jun 2026 · Treasury · Official record

Answered 15 Jun 2026

Question

Asked by Damian Hinds

To ask the Chancellor of the Exchequer, with reference to the Payment Systems Regulator's document entitled Specific Direction 17 on expanding Confirmation of Payee, published in October 2022, what assessment she has made of the potential impact of that D

Answer

Answered by Rachel Blake, 15 Jun 2026

The Government is committed to tackling fraud and protecting victims from this appalling crime. The Government has recently introduced a new and expanded Fraud Strategy and is determined to turn the tide on fraud and better protect the public and business...