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LAW ENFORCEMENT

Business crime on the Government agenda

Business crime is on the Government agenda after Home Secretary Amber Rudd has announced the creation of the National Economic Crime Centre (NECC) within the National Crime Agency (NCA). 

The multi-agency centre will plan, task and co-ordinate operational responses across agencies, bringing together the UK’s capabilities in order to tackle economic crime on a more effective footing.

Supported by enhanced intelligence and analytical capabilities, the NECC will draw together expertise from across law enforcement agencies, Government and the private sector.

The NCA’s deputy director Nigel Kirby said: “The NECC aims to bring together the knowledge and skills of the UK’s law enforcement agencies alongside those of the private sector. 

“We will share information to develop understanding of the threats and plan a co-ordinated response to protect the public and UK businesses, not just by responding to criminal attacks on the system, but through understanding the emerging threats and seeking to be one step ahead.”

Kirby added: “Together, we will make the UK a hostile environment for serious and organised criminals involved in economic crime and increase the risk of them losing their liberty in addition to their criminal assets. Our shared endeavour will support legitimate business and public services, in turn reducing the costs and losses that threaten our prosperity.”

The plans for the NECC are currently being developed in more detail by a multi-agency team based in the NCA’s Economic Crime Command and including representatives from the City of London Police, the Serious Fraud Office, the Financial Conduct Authority, the Home Office, the Crown Prosecution Service and Her Majesty’s Revenue & Customs.

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