Question to the Home Office:

To ask the Secretary of State for the Home Department, what steps his Department has taken to safeguard domestic abuse victims against financial abuse in the event that they have a joint bank account with a perpetrator.

The Government is committed to ensuring that all victims of domestic abuse receive the support they need, when they need it. We also know that abuse can often leave victims economically dependent on abusers, creating financial insecurity that makes it harder for them to access safety. The Government is determined to tackle this form of abuse which is why for the first time in history, economic abuse is now recognised in law as part of the statutory definition of domestic abuse, included in the Domestic Abuse Act 2021 (the Act). In the Domestic Abuse (DA) Plan, we have doubled funding to a minimum of £200,000 to further support improving the response to economic abuse.

The DA Plan also highlights the importance of financial institutions signing up to UK Finance's Financial Abuse Code to support customers who are victims of economic abuse and encourages more institutions to do so. The Code sets out how participating banks and building societies should support customers who are victims of economic abuse, aims to increase awareness and provide understanding of what financial and economic abuse looks like and ensure consistency in the support available to help customers to understand and regain control of their finances.