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Analysis

Tight Budgets Hinder UK's Economic Crime-Fighting Efforts

Law360, London (March 7, 2019, 10:38 PM GMT) -- As the U.K government presses the agencies that investigate and prosecute white collar crime to produce results, it remains unclear whether their limited resources are up to the task.

Cyber and economic crimes, in particular, are straining agency budgets and increasing the need for more funding and greater enforcement powers. The Serious Fraud Office has frequently called for both, particularly in the fight against fraud.

Some agencies are suffering less than others. The National Crime Agency and City of London Police both won bonus funding last year to fight economic crime. And the SFO overhauled its funding mechanism to gain greater...

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