questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the effectiveness of the Authorised Push Payment framework in tackling financial fraud.
answerText: As an important point of principle, the Government does not step in to pay compensation in respect of failed financial services firms that fall outside of the Financial Services Compensation Scheme (FSCS). Doing so would create the wrong set of incentives...
heading: Financial Services: Fraud