SFO merger mooted in fraud crackdown

Laura Miller
clock

The Serious Fraud Office (SFO) could be merged with a proposed National Crime Agency (NCA) as ministers target corporate corruption and fraud gangs which cost the UK £30bn a year.

  A consultation on the Home Office project, which would incorporate much of the SFO, will begin in the spring, the Financial Times reports. The Home Office has also taken over from the Treasury on the project to create a single Economic Crime Agency (ECA), according to the paper. Nick Herbert, policing minister, said he hoped this would end the “piecemeal” approach to tackling white-collar crime. The SFO merger consultation will discuss whether the ECA should be folded into the proposed NCA, and whether it should retain powers of prosecution as well as investigation. Ministe...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA finfluencer enforcement action increases 174% in 2025

FCA finfluencer enforcement action increases 174% in 2025

FOI findings come as regulators ramp up online crackdown

Isabel Baxter
clock 09 February 2026 • 3 min read
TISA urges FCA to rethink targeted support fees and levies proposals

TISA urges FCA to rethink targeted support fees and levies proposals

Could ‘undermine’ the aims of targeted support

Isabel Baxter
clock 12 January 2026 • 2 min read
FCA's targeted support rules set to take effect from April 2026

FCA's targeted support rules set to take effect from April 2026

Regulator plans to open application gateway for firms in March

Isabel Baxter
clock 11 December 2025 • 5 min read