UK government’s bank data sharing plan slammed as ‘financial snoopers’ charter’

UK government's bank data sharing plan slammed as 'financial snoopers' charter'

September 26, 2024 at 04:39AM

Privacy campaigners are criticizing UK proposals to require banks to share data from government benefit claimants’ accounts, calling it a “financial snoopers’ charter.” The new legislation aims to save money, prevent fraud, and protect claimants, but has faced opposition for potential privacy concerns and intrusion. Campaigners argue that it risks unjustly monitoring and suspecting the country’s poorest people.

From the meeting notes, it appears that the UK government is facing criticism for its proposals to force banks to share data from the accounts of government benefit claimants as part of a Fraud, Error and Debt Bill. The bill aims to save £1.6 billion over the next five years and modernize the Department for Work and Pensions’ (DWP) powers to combat fraud and protect vulnerable claimants from racking up debt.

The government has stated that there will be safeguards and oversight to ensure the appropriate use of these new powers, including a Code of Practice and training for staff. However, privacy campaigners, such as Big Brother Watch, have raised concerns about the intrusive nature of these proposals, describing them as a “financial snoopers’ charter” that risks unjustly targeting the UK’s poorest people.

These meeting notes suggest that there is ongoing debate and controversy surrounding the proposed legislation and its potential impact on privacy and the rights of benefit claimants.

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