Verfied by Visa finally gets outed
nbohm at ernest.net
Wed Oct 20 11:30:06 BST 2010
On 19/10/2010 19:26, Francis Davey wrote:
> On 19 October 2010 19:05, James Firth <james2 at jfirth.net
> <mailto:james2 at jfirth.net>> wrote:
> > Is that the new Banking Code, which someone told me yesterday
> most of
> > the non-state-owned banks are failing to ratify? Or something else.
> No it's legislation enacted in November 2009(?) who's title
> escapes me. I
> know Nicolas Bohm has mentioned it in the past on this list. I'll
> have to
> dig it out.
> Regulation 61 of the Payment Services Regulations 2009:
> (see: lawyers are some use 8-).
It's worth noting that this makes no material change to the law as it
stood before. But it may still help, as the FSA seems to think it's
reflects a change, and perhaps some banks think the same. And it gives
the customer something easy to point to.
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