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UK government needs to make fraud a policing priority

Montage of the FCA sign and a fraudster.
GRIP Montage: FCA/Getty Images

New priorities for the UK’s City watchdog are all well and good, but a lack of urgency is leaving fraud and financial crime to run riot, says Tony McClements.

The UK’s financial watchdog the FCA recently set out its priorities for 2024, aimed in part at stemming the tide of financial crime currently blighting the UK.

The four areas it will focus on for 2024 include greater use of data and technology, fostering collaboration between sectors, raising consumer awareness

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