Reform vital to tackling serious fraud in the UK
28 March 2023
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In the Media
IEA research featured in Politico and Legal Futures
28 March 2023
In the Media
Tax and Fiscal Policy
19 November 2024
IEA research featured in i news
A new paper by IEA Academic and Research Director James Forder has been featured in i news.
The article read:
“Former justice secretary Robert Buckland has called for Parliament to carry out an ‘urgent and thorough investigation’ into the role of the Serious Fraud Office (SFO), the UK’s most senior financial crime unit.
“Mr Buckland made the call as a report called for radical reform of the organisation, claiming that its problems stem from ‘cultural and institutional inadequacies’.
“The report, published by the Institute of Economic Affairs think-tank, called for juries to be replaced with expert tribunals in complex fraud cases.
“It even argued that the SFO could be abolished altogether, with its responsibilities divided among other existing law enforcement agencies.
“Dr James Forder, the report’s author, claimed anti-fraud measures in England and Wales are ‘in crisis’.”
“‘The effective control of serious fraud is [essential to] being a global business centre, but in England and Wales this aspect of law enforcement is in crisis,’ he said.”
Read the full article here.
A copy of Fraud Focus: Is the Serious Fraud Office fit for purpose? by James Forder can be found here.
The article read:
“Former justice secretary Robert Buckland has called for Parliament to carry out an ‘urgent and thorough investigation’ into the role of the Serious Fraud Office (SFO), the UK’s most senior financial crime unit.
“Mr Buckland made the call as a report called for radical reform of the organisation, claiming that its problems stem from ‘cultural and institutional inadequacies’.
“The report, published by the Institute of Economic Affairs think-tank, called for juries to be replaced with expert tribunals in complex fraud cases.
“It even argued that the SFO could be abolished altogether, with its responsibilities divided among other existing law enforcement agencies.
“Dr James Forder, the report’s author, claimed anti-fraud measures in England and Wales are ‘in crisis’.”
“‘The effective control of serious fraud is [essential to] being a global business centre, but in England and Wales this aspect of law enforcement is in crisis,’ he said.”
Read the full article here.
A copy of Fraud Focus: Is the Serious Fraud Office fit for purpose? by James Forder can be found here.
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