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APPG on Fair Banking
@APPGbanking
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Working in Parliament to encourage a finance system that allows people to flourish and business to thrive. Retweets are not endorsements.
Westminster
Joined July 2016
We’re Back! Yesterday, the group reconstituted as the All-Party Parliamentary Group on Fair Banking. Meet our new officers, @HattonLloyd, @lukejcr, @DavidBSampson, and the Earl of Lindsay 👇
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Other speakers, including experts from @CFS_RUSI, @NatWestGroup, Signicat, Cifas, and @CityPolice, offered crucial industry insight. Issues covered included the importance of data sharing and the need for more action from Government to address the vast scale of the fraud threat.
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Seven years too long – victims of the £1bn HBOS fraud are still left without the findings of the Dobbs review. Justice and transparency demand that the bank release the entire report; piecemeal "findings" aren't enough. It's time Lloyds provides overdue answers to those harmed.
Pressure builds over Lloyds refusal to commit to publishing long-delayed report into whether it covered up a £1bn lending scandal. Lord Tyrie, Baroness Morgan and a Lloyds staff union call for intervention of MPs
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Compensation for Post Office Horizon victims is long overdue. This inquiry is a key step toward justice, but it’s crucial all sub-postmasters receive full and fair redress for the harm caused. For recommendations, see our Compensation and Redress report👇
EXCLUSIVE: A parliamentary inquiry looking at delays in compensation settlements for subpostmasters impacted by the Horizon scandal will be launched next week
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We echo this thanks to all who attended and spoke at Monday’s roundtable. It’s great to see the momentum that this campaign is gaining and we look forward to continuing our work with @FBfACampaign, working towards a fairer banking system for all👇
👏👏👏 A huge thank you to everyone who took part in our #FairBankingForAll parliamentary roundtable with @APPGbanking. @MoneyMatix @lendologycic @michaelsheen @Alpkit @fsb_policy @ABCULCUs @TheFinanceLab Find out more about the campaign here 👇
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4/ This well attended roundtable, including APPG Co-Chair @DavidBSampson and fellow MPs @josephpowell and @DavidTaylor85, demonstrated that there is real momentum behind this campaign. For more on the Fair Banking Act, visit the Campaign website here 👉
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Financial institutions like Revolut must prioritise stronger security measures to protect customers from fraud. By improving safeguards and responding faster, they can reduce risks and maintain customer trust. Proactive steps against fraud benefit both the company and its users.
Jack watched helplessly as more than £150k was taken from his account. Is Revolut a safe place to deposit cash?
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RT @FBfACampaign: Thanks to @FairByDesign for organising this #Lab24 panel on how a Labour government can support low-income consumers. Wi…
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Victims of the HBOS fraud scandal have waited over seven years for conclusions from the Dobbs review. An interim report could offer clarity and insight into what has transpired during this prolonged process. See the @thetimes article by @jameshurley here👉
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A promising announcement from @bankofengland, outlining plans to reduce capital requirements for loans, which will support SME growth. As a key recommendation in our recent SME Manifesto, we thoroughly support this move. See more of our manifesto here 👉
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Security Minister @DanJarvisMBE acknowledged that there is more work to be done and outlined some of the Government's plans to tackle fraud in the UK, including the implementation of a national fraud squad led by the @NCA_UK and @CityPolice 👇 🧵(4/4)
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