Crime and Policing

THE UK’s Serious Fraud Office (SFO) is pushing for the UK’s current disclosure framework to be reformed and brought into the 21st century, City A.M. has learned.

https://www.cityam.com/serious-fraud-office-to-call-for-overhaul-of-disclosure-regime-following-trial-issues/

Later today we will know who has won the Conservative Party leadership election and, in turn, welcome a new prime minister. Immediately there will be many priorities the new administration will have to address as the UK faces major economic, social and environmental challenges.

https://www.cityam.com/economic-fraudsters-are-shapeshifters-who-adapt-their-crime-to-fit-the-tech-or-the-crisis/

The much-anticipated reports by Sir David Calvert-Smith and Brian Altman QC into failings at the Serious Fraud Office (SFO) in their Unaoil and Serco investigations were published on 21 July. As Lisa Osofsky, Director of the SFO said on their publication the reports "are a sobering read".

https://www.mondaq.com/uk/white-collar-crime-anticorruption-fraud/1223612/distrust-bias-and-incompetence-at-the-sfo

It is now widely accepted that financial crime is not ‘victimless’, but rather is wrongdoing which has a pervasive detrimental effect on legitimate commerce, and civilised society in general. As a result of this, many jurisdictions have introduced legislation establishing broad anti-financial crime regimes, policed by expert law enforcement agencies often possessing special investigative and prosecutorial powers.

https://www.penningtonslaw.com/news-publications/latest-news/2019/a-high-level-guide-to-uk-prosecutorial-and-enforcement-agencies#.Yv_MeOvQplc.twitter

Former Wiltshire Police and Crime Commissioner candidate Jonathon Seed will appear before Oxford Crown Court today, when it is expected prosecutors will drop election fraud charges.

https://uk.news.yahoo.com/fraud-charges-against-former-police-040000522.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

LONDON (Reuters) - Britain's Attorney General (AGO) said on Monday that an independent review into how the UK Serious Fraud Office (SFO) had handled a high-profile bribery case into energy consultancy Unaoil had been extended by around one month to late June.

https://uk.investing.com/news/stock-market-news/review-into-uk-fraud-office-extended-to-late-june-attorney-general-2663004

In 2018 the UK’s Serious Fraud Office came under new directorship, and professionals across the financial industry watched with bated breath and cautious optimism that the SFO had finally reached a turning point, where it could overcome its most deep-rooted issues.

https://www.ftadviser.com/opinion/2022/06/07/sfo-still-plagued-by-deep-rooted-issues/

A new £25 million central government taskforce that will enlist an elite team of experts to crack-down on fraudsters who attempt to steal taxpayers’ cash will be operational by the summer, the Chancellor will announce today (27 April).

https://www.gov.uk/government/news/new-fraud-squad-will-crack-down-on-criminals-who-steal-taxpayer-money

The City of London Police has appointed Detective Chief Inspector Tom Hill as the new head of the Insurance Fraud Enforcement Department (IFED).

https://www.insurancebusinessmag.com/uk/news/breaking-news/city-of-london-police-names-new-insurance-fraud-department-head-403363.aspx#disqus_thread

Entry to the 2022 TECAs is open and all those working in the economic crime sector are encouraged to nominate those who have made a significant contribution in tackling all areas of crime, such as fraud, corporate espionage, money laundering, bribery and corruption.

https://thetecas.com/2022/04/12/call-for-nominations-for-the-2022-tackling-economic-crime-awards-tecas/