National Crime Agency undertakes 'thorough assessment' of bank signature forgery claims

The National Crime Agency (NCA) today said it was carrying out a “thorough assessment” into allegations that banks forged customers’ signatures.

Supporters of the The Bank Signature Forgery Campaign include the APPG for Fair Business Banking.

Mel Stride MP, the chairman of the Treasury Committee, has written to the NCA and the Financial Conduct Authority (FCA) to request an update on progress into claims made by the Bank Signature Forgery Campaign.

In a statement on its website, the Treasury Committee said: “There have been allegations of potential criminal activity occurring at banks, whereby home repossessions and other such documents are not being signed by the authorised signatory.

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“As a result, the previous Treasury Committee wrote to the Financial Conduct Authority (FCA) and National Crime Agency (NCA) in July 2019 requesting that they engage with the Bank Signature Forgery Campaign to review their evidence and investigate as appropriate.”

Mr Stride’s letter requests an update on the FCA’s and NCA’s engagement with the Bank Signature Forgery Campaign.

It also requests information on the FCA’s and NCA’s work and findings so far and details of regulatory breaches and offences that may have occurred, and any regulatory or legal arguments that are being considered.

An NCA spokesperson said: “We are continuing to assess the material, including additional information supplied in September.

“Together with partners in the FCA and SFO, we are making a thorough assessment to determine whether there are grounds for a criminal or regulatory investigation.”

An FCA spokesperson said: “We have received the letter and will respond to the TSC.”

Supporters of the The Bank Signature Forgery Campaign include the APPG for Fair Business Banking.