LASTING POWERS OF ATTORNEY PROCESS ‘NEEDS SAFEGUARDS AGAINST FRAUD’

On 2nd July, the Law Society Gazette reported a study by a Westminster thinktank and fraud prevention body which said that new safeguards on the lasting power of attorney process, including a register of active powers, should be introduced to protect vulnerable people from fraudsters.  According to the study digital fraud is the fastest growing type of fraud against vulnerable people, with much of it committed by people abusing a position of trust, whilst the legal framework provides little protection against abuse.

https://www.lawgazette.co.uk/news/lasting-powers-of-attorney-process-needs-safeguards-against-fraud/5070821.article

The study is available at –

https://demos.co.uk/wp-content/uploads/2019/06/Cifas-digital-final.pdf

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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