Rory Copeland

Jan 13, 2025 | jdsupra.com | Rory Copeland |Rhiannon Jones |Anna Lewis-Martinez

The UK’s Authorised Push Payment (APP) Fraud Reimbursement Scheme came into force on October 7, 2024. It requires in-scope payment service providers (PSPs) sending payments through either the Faster Payment System (FPS) or the Clearing House Automated Payment System (CHAPS) to reimburse their customers if they are the victim of an APP scam, subject to certain exceptions. Broadly, the cost of that reimbursement is shared equally between the sending and receiving PSPs.What is APP fraud?

Jan 11, 2025 | jdsupra.com | Rory Copeland |Rhiannon Jones |Anna Lewis-Martinez

The UK’s Authorised Push Payment (APP) Fraud Reimbursement Scheme came into force on October 7, 2024. It requires in-scope payment service providers (PSPs) sending payments through either the Faster Payment System (FPS) or the Clearing House Automated Payment System (CHAPS) to reimburse their customers if they are the victim of an APP scam, subject to certain exceptions. Broadly, the cost of that reimbursement is shared equally between the sending and receiving PSPs.What is APP fraud?

Jun 19, 2023 | jdsupra.com | Baptiste Aubry |Salvador Ruiz Bachs |Rory Copeland

June 19, 2023 Baptiste Aubry, Salvador Ruiz Bachs, Rory Copeland, Mia Dassas, Anna Lewis-Martinez, Daphne van der Houwen Allen & Overy LLP + Follow x Following x Following - Unfollow Contact To embed, copy and paste the code into your website or blog: The European Commission has chosen the path of regulation for crypto-assets.