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.