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Put banks under legal duty to prevent fraud, says crime commission
source link: https://www.telegraph.co.uk/news/2021/05/05/put-banks-legal-duty-prevent-fraud-says-crime-commission/
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Put banks under legal duty to prevent fraud, says crime commission
Fraud is one of the most common UK crimes, with an estimated 3.8 million incidents in the year ending March 2019
By Charles Hymas, Home Affairs Editor
5 May 2021 • 6:00am
A new national agency should be created to take responsibility for harm and crime prevention, recommends the commission
Credit: Chris Ratcliffe/Bloomberg
Banks should be under a legal duty to prevent fraud, said a crime commission, in an extension of duty of care laws....
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