October 18, 2021

Volume XI, Number 291

Advertisement
Advertisement

October 18, 2021

Subscribe to Latest Legal News and Analysis
Advertisement

Home Secretary Announces New National Economic Crime Centre to Tackle High Level Fraud and Money Laundering

The Home Secretary Amber Rudd has announced plans to tackle economic crime to the assist in preventing fraud, money laundering and corruption.

The measures include a new national economic crime centre within the National Crime Agency, which will be tasked with coordinating the national response to economic crime, backed by greater intelligence and analytical capabilities. The new centre will draw on expertise from across government, law enforcement and criminal justice agencies, as well as new resources provided by the private sector.

In order to further improve the coordination of the law enforcement response, new legislation will be introduced to allow the NCA to directly task the Serious Fraud Office to investigate the worst offenders.

Copyright © 2021 Womble Bond Dickinson (US) LLP All Rights Reserved.National Law Review, Volume VII, Number 346
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

About this Author

Angie Bamboulis, Womble Carlyle Law Firm, United Kingdom, Banking and Finance Attorney
Solicitor

Angie is a solicitor in the banking and financial services team; where she assists with providing finance and regulatory advice to a wide range of client.
Prior to qualifying and during her training contract she completed a one day secondment at a private wealth bank, UBP over a 3 month period; as well as full time secondments at the firm's key clients – AIG and Post Office.

440207-788-2306
Advertisement
Advertisement
Advertisement