United Kingdom · Question · Written question
UIN 140484
Bounce Back Loan Scheme: Fraud
Introduced
15 March 2022
Last action
18 March 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
18 March 2022
Summary
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to help ensure that claims on the state back guarantee on bounce back loans are assessed for fraud risk.
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Timeline
15 March 2022
Written question
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to help ensure that claims on the state back guarantee on bounce back loans are assessed for fraud risk.
Source: Commons
18 March 2022
Answer
The Bounce Back Loan Scheme (BBLS) Guarantee Agreement and subsequent recovery principles document outline the minimum fraud protection standards lenders were expected to adhere to. If a lender fails to apply these minimum standards, they cannot make a cl...
Source: Written answer
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Sponsors
- · Department for Business, Energy and Industrial Strategy · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-03-15/140484
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1441418
- uk · wq-1441418 · source updated 18 March 2022