- Purpose
- To detect potential fraud relating to a specific entity and related borrowers.
- Information sharing benefits
- The main benefit of the information share is to identify potential misuse of Future Fund loans with the view to taking appropriate action to recover money for the tax payer.
- Disclosed information
- Data items disclosed by HMRC to BBFSL will be the minimum data items to allow this pilot’s aims to be achieved.
Information about individuals; businesses; and their trading and financial affairs in bank statements; financial records; company records; communications; director names; business and company addresses; and email addresses.
- Information sharing method
- Trusted Partner Transfer
- Contact
- foirequests@british-business-bank.co.uk; foi.team@hmrc.gov.uk
- Start date
- 2022-07-19
- End date
- 2023-01-31
- Review date
- 2023-01-31
- Retention period
- P6M
- Isa status
- Complete
- Id
- 194
- Notes
- no change