MPs to publish FCA’s response on allegations of fraud in repossessions

Industry News | 23/10/20

MPs are pushing authorities to respond to allegations of potential fraud at banks, whereby it’s claimed home repossession documents weren’t actually signed by the authorised signatory.

Mel Stride MP, chair of the influential Treasury Committee, has written to the Financial Conduct Authority (FCA) and National Crime Agency (NCA), pressing for an update on their response to the claims. The NCA is now assessing if there are grounds for a criminal investigation.

Source: Credit Strategy