Written Question·Treasury·UIN 120519

Bank Services: Fraud

Tabled: 12 March 2026
Answered: 20 March 2026

Question

Alex Brewer

Liberal DemocratNorth East Hampshire

To ask the Chancellor of the Exchequer, what steps her Department is taking to help ensure that banks respond more rapidly to reported fraud by freezing suspected scam accounts immediately pending investigation.

Answer

Lucy Rigby
The Government takes the issue of fraud very seriously and is dedicated to protecting the public from this appalling crime.Financial institutions are required to maintain robust systems and controls to detect and prevent financial crime under the Money La...

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