The Bill would allow banks to better investigate suspected fraud.

The Department for Work and Pensions are set to be granted powers to request information from the bank accounts of benefit claimants.

The Fraud, Error and Debt Bill will require banks and other financial institutions to share data that may help identify benefit fraud.

According to details from DWP, the legislation will give the Department powers to:

• Better investigate suspected fraud and new powers of search and seizure so DWP can take greater control investigations into criminal gangs defrauding the taxpayer.
• Allow DWP to recover debts from individuals who can pay money back but have avoided doing so, bringing greater fairness to debt recoveries.
• Require banks and financial institutions to share data that may show indications of potential benefit overpayments.

https://insight.scmagazineuk.com/proposed-fraud-error-and-debt-bill-raises-privacy-concerns