UK Finance reported on 14th January tat a joint initiative between the Home Office, HM Treasury and financial sector will see the creation of this new taskforce to battle corruption and fraud. It is said that it will have powers to scrutinise anti-corruption efforts and allocate government resources accordingly and will feature specialists from both the public and private sector. Members will also include bank chiefs, other government ministers, law enforcement figures and representatives from the legal, accountancy and property sectors. It is reported that the Home Secretary will confirm that his department will commit £3.5 million in 2019/20 to support work to reform the SAR regime.
https://www.gov.uk/government/news/new-taskforce-to-tackle-economic-crime
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