Question to the HM Treasury:

To ask the Chancellor of the Exchequer, when the managing public money guidance on fraud was last updated.

The Managing Public Money Guidance was last updated on 4 March 2022. The latest edition of Managing Public Money (section 4.9.5) now requires that for any new major area of spend, departments shall assess the risk of and impact from fraud at the outset when the spending is being proposed. Departments must also complete a full fraud assessment and keep it up to date. This should all be done in conjunction with counter-fraud experts. Accompanying changes to the Green Book (section A5.27), published on 30 March 2022, set out how fraud risks and counter-fraud measures should be taken into account in the business case process.