Written Question·Treasury·UIN 902986
Fraud: Victims
Tabled: 26 February 2025
Answered: 4 March 2025
Named DayQuestion
Wera Hobhouse
Liberal Democrat — Bath
To ask the Chancellor of the Exchequer, what recent assessment she has made of the adequacy of Financial Conduct Authority support for victims of financial fraud.
Answer
Emma ReynoldsThe FCA plays a crucial role in combating fraud, working to ensure firms have robust systems to prevent fraud and protect consumers.It authorises and supervises firms offering regulated financial services, so consumers can trust firms are being held to hi...
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