Written Question·Treasury·UIN 81282

Electronic Funds Transfer: Fraud

Tabled: 13 October 2025
Answered: 17 October 2025

Question

Damian Hinds

ConservativeEast Hampshire

To ask the Chancellor of the Exchequer, what steps she is taking to ensure that victims of high value Authorised Push Payment fraud are adequately protected under the mandatory reimbursement scheme.

Answer

Lucy Rigby
The Government takes the issue of fraud very seriously and is dedicated to protecting the public from this appalling crime. To protect consumers, under the Financial Services and Markets Act 2023, the Payment Systems Regulator (PSR) has introduced a manda...

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