HISTORICAL FACTS: 10 - Caught on Camera

Banks set to pay thousands to people who've been scammed

People should be reimbursed within five days under the new rules

Liverpool Echo · Jun 8, 2023

Banks will need to refund ALL money lost to faster payment scams from next year

Authorised Push Payment (APP) scam have quickly become one of the most "significant" types of fraud accounting for nearly £500million in losses in the UK last year

Daily Mirror · Jun 7, 2023

UK banks to reimburse fraud victims under new rules, regulator confirms

Requirement to refund people who have been tricked by scammers will be implemented in 2024

The Guardian - UK · Jun 7, 2023

Plans to reimburse bank transfer scam victims are ‘fundamentally flawed’, Treasury Committee warns

‘Putting an industry body in charge of reimbursing scam victims is like asking a fox to guard the henhouse’

The Independent UK · Feb 6, 2023

Plans to reimburse bank transfer scam victims are flawed – Treasury Committee

Victims of fraud have been waiting too long for a fair and functional scam reimbursement scheme, MPs said.

The Independent UK · Feb 6, 2023

TSB warns that new fraud refund mechanism could exclude a quarter of victims

Regulator's new rules reimburse bank transfer fraud victims, but exclude refunds where payments are for less than £100

Insider UK · Jan 7, 2023

Medicare watchdog investigates just 100 cases of inappropriate billing every 12 months

The watchdog responsible for policing Medicare investigates just 0.07 per cent of health professionals each year, is chronically understaffed and underfunded, and is led by bureaucrats with strong links to the powerful Australian Medical Association, an ABC-Nine investigation has found.

ABC News · Oct 24, 2022

Scottish Power and Utilita slapped with Ofgem warnings for failing to protect customers

Provisional orders were given to the energy companies in order for them to comply with their licensing conditions

Wales Online · Sep 22, 2022

Struggling households can get extra help if their gas and electric has been cut off

Vulnerable and elderly Brits are being encouraged to sign up to the Priority Services Register, which means they could get extra help, cooked meals and other help during power cuts

Daily Mirror · Aug 24, 2022

Liz Truss derided for ‘dangerous’ reported plan to merge UK financial regulators

Ex-business secretary Vince Cable says potential integration of FCA, PRA and PSR, formed after financial crisis, poses systemic risks

The Guardian - UK · Aug 18, 2022