Source · Select Committees · Treasury Committee

Recommendation 27

27 Paragraph: 123

We welcome the introduction of the Confirmation of Payee service in 2019, as recommended by...

Conclusion
We welcome the introduction of the Confirmation of Payee service in 2019, as recommended by our predecessor Committee. We also welcome the work the Payment Systems Regulator is doing to broaden its scope through the introduction of Phase 2, extending and enhancing the service.
Paragraph Reference: 123
Government Response

A response document is linked to this report, dated 28 April 2022. Response attribution to this conclusion has not been verified. Read the response document ↗