Frauds and financial crimes: national strategic responses

Abstract

Albeit positioning fraud as a component of economic crime, the Economic Crime Plan – reflecting the 2009 national fraud strategy’s language of partnerships, coordination and information-sharing – set out new strategic objectives for another holistic, national response. The Fraud review itself was undertaken by government, prosecutorial, and law enforcement personnel working in the area of criminal justice and fraud; consultations also took place with organisations ranging from banks to public sector auditors. In 2012 the Home Office issued a framework agreement for the national fraud authoritrole to lead and co-ordinate partnership working across all sectors to prevent fraud and improve the enforcement response. The Cabinet Office was identified in the Economic Crime Plan as leading the public sector response to fraud. Fraud as a public problem has been signalled throughout the period since the Fraud Review, as has the need for a national strategic response or responses.