Legal News

SOC submits recommendations for economic crime fighting in UK Spending Review 2025

Published on: 18 February 2025
Published by LNB News

LNB News 18/02/2025

Document Information

Issue Date: 18 February 2025

Published Date: 18 February 2025

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

Spotlight on Corruption (SOC) has submitted recommendations for the Comprehensive Spending Review 2025 - Phase 2, focusing on enhancing the UK's capacity to combat economic crime. The submission outlines four key areas for improvement creating a virtuous circle of investment in law enforcement agencies, providing up-to-date technology for efficiency gains, fast-tracking pay reform for the National Crime Agency and resourcing upfront investment in anti-money laundering supervisory regime reform. Specific recommendations include exploring mechanisms to reinvest enforcement receipts into law enforcement, ensuring sufficient technological capabilities for key agencies, providing the NCA with investment for transformational pay reform and allowing investment in tackling money laundering and improving asset recovery.

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