Westminster Legal Policy Forum

For booking-related queries or information on speaking please email us at info@forumsupport.co.uk, or contact us: +44 (0)1344 864796.

Next steps for tackling fraud and financial crime in the UK

assessing current strategy | policy and regulatory options going forward | addressing emerging threats | strategies for coordinated prevention | responsibilities & accountability | protecting the public

Morning, Thursday, 5th September 2024

Online


This conference is bringing stakeholders and policymakers together to examine next steps for tackling fraud and financial crime in the UK - including priorities for policy in the new Parliament.


It will be an opportunity to consider the future for measures in the Fraud Strategy and legislation such as the Economic Crime and Corporate Transparency Act. We also expect a focus on recommendations for consumer protection outlined in the FCA review into Anti-fraud controls and complaint handling in firms, as well as the future for reimbursing victims of online fraud and liability under the new Government.


Delegates will assess approaches to strengthening business strategies for the detection and prevention of fraud, in light of concerns raised in the FCA’s review over the strength of the systems currently in place, and with the FCA currently conducting a new Review of firms' treatment of customers in vulnerable circumstances, due to be published this year.


Sessions in the agenda include discussion on options for improving the effectiveness of the current system for reporting, investigating and prosecuting fraud, and the response of the criminal justice system, including sentencing.


These will be discussed in the context of new and emerging types of fraud, looking at challenges in strategic coordination of data collection and intelligence-sharing between the public and private sectors, as well as with international partners.


Further sessions consider the role of banking, technology and telecoms, payment companies, media, and other key sectors in countering fraud and supporting customers.


There will be discussion on key issues for consumers and banks, including what classes as ‘vulnerability’ - along with data collection practices, following concerns raised by industry and in parliament over clauses in the Data Protection and Digital Information Bill which would have allowed government to ask banks for details of benefit claimants.


We are pleased to be able to include keynote sessions with: Dr Jonathan Fisher KC, Barrister, Red Lion Chambers; and Senior Fellow, London School of Economics; and Riccardo Tordera Ricchi, Director of Policy and Government Relations, The Payments Association.


Sessions in the agenda include:

  • context: assessing the legal and regulatory landscape for tackling fraud in the UK and its current prevalence
  • looking ahead: options for legislation and strategy, and priorities going forward
  • regulation: priorities and developing frameworks to better support effective fraud prevention
  • public awareness: fraud literacy and supporting vulnerable consumers and victims
  • collaboration: strategies for coordinated prevention, reporting, investigation and prosecution
  • policy: priorities for tackling fraud moving forward

The conference will be an opportunity for stakeholders to consider the issues alongside key policy officials who are due to attend from HMRC; HM Treasury; Home Office; GLD; FSA; Cabinet Office; Defra; DfT; Department for Communities, NI; DLUHC; Department of Education, NI; DSIT; DWP; and OPSS.


The proceedings of the conference will be circulated more widely, to Parliamentarians, ministerial offices, and government and regulatory officials with an interest in the issues being discussed. All delegates will also receive a video recording of the conference.



Keynote Speakers

Dr Jonathan Fisher KC

Barrister, Red Lion Chambers; and Senior Fellow, London School of Economics

Riccardo Tordera Ricchi

Director of Policy and Government Relations, The Payments Association

Keynote Speakers

Dr Jonathan Fisher KC

Barrister, Red Lion Chambers; and Senior Fellow, London School of Economics

Riccardo Tordera Ricchi

Director of Policy and Government Relations, The Payments Association

Speakers

Jake Moore

Global Cybersecurity Advisor, ESET Internet Security

Richard Hyde

Senior Researcher, Social Market Foundation

Susannah Copson

Legal and Policy Officer, Big Brother Watch

Senior speaker confirmed from Which?

Alun Milford

Partner, Criminal Litigation Team, Kingsley Napley

Louise Baxter

Head, Scams Team, National Trading Standards