FCA: Dear CEO letters: Expectations on APP fraud reimbursement
08 Oct 2024 (UPDATED: 13 Mar 2026)
United Kingdom
1 min read
FCA has published two Dear CEO letters setting out its expectations on authorised push payments fraud reimbursement for payment service providers that may be captured by the PSR’s new reimbursement requirement – one letter is to banks and building societies, and the other is to payment and e-money institutions.