UK Government Introduces Public Authorities Fraud and Recovery Bill

The bill aims to combat fraud in social security by affording the Department for Work and Pensions (DWP) increased powers to catch fraudsters.

Key measures include:

• Data Sharing: Financial Institutions (FIs) will be required to share information with the DWP indicating the potential overpayment of benefits;
• Investigative Powers: The DWP will have expanded authority to investigated suspected fraud and new powers for search and seizure; and
• Debt Recovery: The DWP will be able to recover debts from individuals who can afford to do so, but have previously avoided this, directly.

✅ Financial institutions should review the bill to gain a clear understanding of potential future data sharing requirements and proactively prepare for compliance.

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