Financial Services Financial Services

Comment: Tech platforms feel heat in UK scam-ads debate as banks back fraud victims

By Fiona Maxwell
  • 19 Nov 2021 07:56
  • 19 Nov 2021 07:56
Banks won’t push back against UK legislation that will see them having to reimburse genuine victims of fraud — but in return they will raise the volume on demands for tougher rules for online platforms.
UK lenders have thrown their weight behind government plans to legislate (see here) for mandatory reimbursements

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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