Bounce Back Loan fraud analytics variant pilot between BEIS, Cabinet Office, HMRC and Lenders 2023
This Data Usage Agreement for the Bounce Back Loan fraud analytics pilot between the Department for Business, Enterprise and Industrial Strategy, the Cabinet Office, HMRC and associated Lenders was approved and put in place in 2023.
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This agreement is published as part of the Code of Practice for public authorities disclosing information under Chapters 1, 3 and 4 (Public Service Delivery, Debt and Fraud) of Part 5 of the Digital Economy Act 2017.
The purpose of this data share is for BEIS, Cabinet Office and HMRC to complete a pilot that will match Bounce Back Loan (BBL) data against data sets held by HMRC to detect suspected fraud in the BBL Scheme. A variation to this pilot now allows BEIS and Lenders associated with the BBL Scheme to investigate fraud.
The benefits of this data share are to identify and analyse fraud within the BBL Scheme. A variation to this pilot now allows BEIS and lenders associated with the BBL Scheme to investigate fraud.
Note: BEIS existed until 2023 when it was split to form the Department for Business and Trade (DBT), the Department for Energy Security and Net Zero (DESNZ) and the Department for Science, Innovation and Technology.