Released 02 November 2021
The Consultative Committee of Accountancy Bodies (CCAB) has published its Economic Crime Manifesto that highlights actions that must be taken to build and maintain the UK’s resilience against widespread economic crime.
The manifesto outlines four areas for change including:
•suspicious activity reporting reform and intelligence sharing;
•ongoing funding of the UK’s Economic Crime Plan;
•more action to eliminate modern slavery from supply chains; and
•the need for public education on fraud risk and personal finance.
CCAB's Economic Crime Panel will send the manifesto to policymakers and government officials to highlight these areas of concern and to reinforce the vital role of the professional qualified accountancy profession in mitigating these economic crimes.
More information can be found at https://www.ccab.org.uk/wp-content/uploads/2021/11/20211101-News-Release-Economic-Crime-Manifesto-v3.pdf.