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Economic Task Force meets and pledges SARs reform

The first meeting of the Government’s task force on economic crime has been chaired by the Home Secretary and the Chancellor. The Government plans that the Economic Crime Strategy Board will meet twice a year and will include senior representatives from Barclays, Lloyds and Santander as well as from UK Finance, the NCA, SRA, Accountants Affinity Group and National Association of Estate Agents.

Among the key announcements at the meeting are plans to commit £3.5m to reform of the SARs regime.

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Emma Radmore