
Tim Symes and Alice Glendenning discuss the common claims of online and open banking and the difference between dishonest and negligent banks
We reported in our 2021 Yearbook article on the close link between recessions and fraud. This was clearly seen in the fallout from the 2007-8 crisis when fraud cases increased year-on-year by value and volume. The recession and the subsequent company failures allowed officeholders to uncover the full extent of unethical or fraudulent behaviour previously hidden by ‘business as usual’ activity.