Topic: Fraud
Subscribe to FraudFailure to prevent fraud: UK government today publishes important guidance on the new offence
November 06, 2024
The UK government has today published its long-awaited guidance to organisations on the new offence of failure to prevent fraud and confirmed the offence will be in force from 1 September 2025.
Horizon Scanning: Investigations and Enforcement
September 27, 2024
Our regulation and investigations team focus on key developments affecting companies operating in the UK.
Digital assets push payment fraud: Crypto exchange escapes liability
September 20, 2024
Discussing the latest judgment in a claim against a cryptocurrency exchange for return of fraudulently misappropriated cryptocurrency.
Rethinking reimbursement: Consultation launched on APP fraud reimbursement scheme
September 06, 2024
The UK Payment Systems Regulator published a consultation paper proposing a significant reduction in the maximum reimbursement limit for APP fraud claims.
Failure to Prevent Fraud: when is it coming into force and what should organisations be doing now?
September 04, 2024
In their latest article on this topic, our regulation and investigations team discuss when the UK government’s “reasonable procedures” guidance is due to be published, when the failure to prevent fraud offence will come into force and what clients should be doing now to prepare, including key considerations based on their recent experience advising clients.
High Court rejects misselling claim in respect of fixed interest rate loans
July 11, 2024
Discussing the recent judgment in Farol Holdings Limited & Ors v Clydesdale Bank PLC & National Australia Bank Limited [2024] EWHC 593 (Ch).
Horizon Scanning: Investigations and Enforcement
July 02, 2024
Looking ahead to the second half of 2024, we predict the significant developments affecting organisations doing business in the UK.
De-Banking: Recent developments and litigation and regulatory risk
June 18, 2024
Considering the litigation and regulatory risks faced by banks, guidance from the courts and some practical pointers when making a decision to freeze or close a customer account.
Failure to prevent fraud: What to do now? Part 2: Policies and procedures
June 06, 2024
Our regulation and investigations team have published the second article in their series breaking down the steps companies will need to take to put “reasonable procedures” in place to prevent fraud.
How will the UK’s new failure to prevent fraud offence impact non-UK companies?
May 31, 2024
Our litigation and disputes team have written a briefing note discussing the UK’s new failure to prevent fraud offence which is likely to come into force (after government guidance is issued) by the end of 2024 or early 2025.