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The Home Secretary yesterday announced the creation of the National Economic Crime Centre (NECC) within the NCA. The multi-agency centre will plan, task and coordinate operational responses across agencies bringing together the UK’s capabilities to tackle economic crime more effectively.

Supported by enhanced intelligence and analytical capabilities it will draw together expertise from across Law Enforcement Agencies, Government and the private sector. 

Deputy Director Nigel Kirby for the NCA said "The NECC aims to bring together the knowledge and skills of the UK’s law enforcement agencies alongside those of the private sector. We will share information to develop understanding of the threats and plan a coordinated response to protect the public and UK businesses, not just by responding to criminal attacks on the system but through understanding the emerging threats and seeking to be one step ahead.

“Together we will make the UK a hostile environment for serious and organised criminals involved in economic crime; increasing the risk of them losing their liberty and losing their criminal assets. Our shared endeavour will support legitimate business and public services - reducing the costs and losses that threaten our prosperity.”

The plans for the NECC are currently being developed in more detail by a multi-agency team based in the NCA’s Economic Crime Command and includes representatives from the City Of London Police, Serious Fraud Office, Financial Conduct Authority, the Home Office, Crown Prosecution Service and HM Revenue & Customs.