The Financial Conduct Authority (FCA), along with the Financial Ombudsman Service (FOS), have published joint guidelines on how to deal with Authorised Push Payments (APP) fraud. These guidelines strengthen the authority of FOS and are much needed, as a report by Payment Services Regulator (PSR) discovered an alarming increase in the amount of individuals defrauded by criminals.

The payment Systems Regulator Limited (PSR) is the economic regulator for the £81 trillion payment systems industry in the UK. They aim to bring change to the payments industry and advocate for the best interests of the people and businesses that use payment … Read more

Here at Praetorian Legal we represent many owners of holiday products with Heritage Resorts, whose main point of contact is a Mr Norman Anderson. In fact, Norman Anderson appears to be the only point of contact at Heritage Resorts.

Following on from our press release on the 17 November 2017, which can be seen here, we highlighted the way in which of Heritage Resorts and Norman Anderson operate.

A cursory search of the term ‘Norman Anderson Heritage Resorts’ in Google will provide an insight into the sort of man that Mr. Anderson is. He is often … Read more

As highlighted in the 2017/18 business plan, the FCA (“Financial Conduct Authority”) are concerned that there may be a lack of transparency, potential conflicts of interest and irresponsible lending in the motor finance industry. They will conduct an exploratory piece of work to identify who uses these products and assess the sales processes, concentrating on whether the products cause harm and the due diligence that firms undertake before providing motor finance.

Since publishing their 2017/18 Business Plan, the FCA have continued their work to identify potential areas of consumer harm in the motor finance market.

The majority of new car … Read more