Steering group consults on push payments reimbursement code

Regulatory Updates | 01/10/18

The Authorised Push Payments (APP) Scams Steering Group, which was established by the Payment Systems Regulator (PSR) in March 2018 to lead the development of a voluntary industry code for the reimbursement of victims of APP scams, has published a draft version for consultation. Feedback is sought by 15 November 2018, with the final code expected to be ready for implementation in early 2019.