Despite all your care, your credit card has been stolen, and now there are charges outstanding on it that you never authorised. Are you liable for those charges?

That all depends on the organisation that issued your credit card. If that organisation subscribes to the Banking Code, there are very definite limits to your liability if your card is stolen. The Banking Code Standards Board is an organisation whose mission it is to ensure that banks and building societies adhere to certain rules in dealing with their account holders. Membership in the BCSB is voluntary, but banks and building societies who are members promise to abide by certain rules in the way that they conduct business and treat their customers. These rules include rules on how to deal with lost or stolen credit cards.