With Christmas around the corner, and scammers looking to exploit rising financial stress, the FCA has launched its latest loan fee fraud campaign.Īt a time of year when many households feel a festive squeeze on their finances, the FCA’s latest research highlights that many borrow to cover the cost of Christmas, and the increased risk that loan fraudsters pose to families. Scammers looking to exploit financial stress at Christmas, FCA warnsįinancial Conduct Authority December 6, 2023.The alert warns businesses that Russia is attempting to circumvent sanctions to purchase restricted goods and services, through intermediary countries.

On 6 December 2023, the National Crime Agency (NCA) in collaboration with cross-agency partners issued a red alert targeted at financial institutions.