LoginCTSI speaks out on fraud protections
CTSI has criticised the decision to reduce the amount fraud victims can reclaim from banks
Posted 07 October 2024 | JoTS Online
Content Tags: Updates|Consumer Goods and Services|National
UPDATES: CTSI criticises the reduction in the reimbursement cap for authorised push payment fraud victims, warning that the new limit risks leaving consumers exposed and calling for stronger protections against increasingly sophisticated scams.
CTSI says it has ‘significant concerns’ about the decision of the Payment Systems Regulator (PSR) to reduce the amount fraud victims can reclaim from their banks, as a new statutory framework for reimbursement comes into force today (7 October).
As reported <a href="https://www.journaloftradingstandards.co.uk/consumer/fraud-refund-proposal-slammed/" target="_blank" ...
CTSI Member-Only Content
This content can only be accessed by logged-in members of CTSI.
Already a member? Please enter your details below. If your login is successful, the page will automatically refresh and the full content will be visible.
Why join CTSI?
The Chartered Trading Standards Institute (CTSI) is the representative body for UK Trading Standards and Regulatory Compliance professionals - and one of the largest, oldest (est. 1881) and most respected consumer protection organisations in the world.
As a non-profit campaigning organisation (see our Latest Campaigns), our strength, our voice and our ability to influence government, industry and the media, and shape public opinion comes directly from our membership, who are organised in an active network of branches, regions and special interest groups around the country. We are stronger together.
Interested in becoming a Member of CTSI?
Read about our various Membership Options - from Full Membership (qualified Trading Standards professionals) to Associate Membership (consumer protection supporters).
