Latest news from the Bank of England newsletter: King Charles III banknotes In December, we unveiled new designs of our notes featuring a portrait of King Charles III on the front, which are expected to enter circulation by mid-2024. There are no other changes to the existing designs, so these notes can be checked using the same…
CASE STUDY – REFUND FRAUD Another major success for the team this week, although disappointing for the charity involved. A recent compliance audit conducted by one of our team raised concerns around a missing audit trail for a number of cash refunds, which was verified using Transpeye, our data mining software. A subsequent investigation,…
Guidance on how to reduce loss through internal and external theft in charity retailing