UCLan Crime & Security

Dates: 25 Mar 2015 - 25 Mar 2015

Location: UCLan Brook Building 009

The Crime and Security Policy Seminar Series is organised in the School of Education and Social Science at the University of Central Lancashire. It is intended to provide a forum to share information about the latest research on issues in crime and security. Topics in the series include hate crime, organised crime, young people and violence and financial crime. The seminars are open to the public and are intended to address practical and policy questions that are useful in responding to key problems of crime and security in contemporary Britain.

Previous seminars have covered genetic-social approaches to crime and security, e-engagement against violence and anti-Muslim hate crime.

Dr. Egan is a member of research team based at the University of Abertay, Dundee, who has been appointed consultants to the EU's Committee of Regions in the Area of Freedom, Security, and Justice. She is also a member of the Scottish Institute of Policing Research (SIPR)

Abstract

This paper builds on doctoral research which examined the policing of money laundering. One of the significant findings of the underpinning research was recognition of the role of private sector organisations as partners in the implementation of policing financial crime (Harvey, 2004, 2005, 2009; Verhage, 2009; Egan, 2010). Within the anti-money laundering framework there are broadly three accountability mechanisms that prevent private sector collusions in money laundering offences. The first is the requirement to submit a suspicious activity report to the National Crime Agency. The second is the creation of an offence of failing to report, and the third is the sanctioning power of supervisory authorities. Still, the private sector’s role demonstrates the negotiation of justice with the state’s ability to outsource aspects of policing on the one hand, and the vested interest of controlling access to intelligence and evidence by private sector participation, on the other. Taking the case of the legal profession, this paper will focus on the role of supervisory authorities in this framework and examine to what extent they influence its development and implementation.