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Consultation seeking views on additional agencies to be granted Accredited Financial Investigation powers

07 December 2022

Proposing MP
Tonbridge
Type
Written Ministerial Statement
Department
Home Office

At a Glance

Issue Summary

The statement discusses plans to amend legislation under the Proceeds of Crime Act 2002 to grant additional agencies Accredited Financial Investigator powers.

Action Requested

A twelve-week public consultation is being launched to seek views on granting Accredited Financial Investigator powers to five new organisations, bringing the total number of agencies with these powers to 41. The SI will also ensure operational use of new powers introduced in the Economic Crime and Corporate Transparency Bill.

Key Facts

  • Proceeds of Crime Act 2002 (References to Financial Investigators) Order 2021/640 is being amended.
  • Five additional organisations are seeking Accredited Financial Investigator powers, bringing the total number of agencies with these powers to 41.
  • The consultation will run for twelve weeks.
Assessment & feedback
Summary accuracy