British lawmakers raised doubts Tuesday about plans to hand a national law enforcement agency jurisdiction over counterterrorism cases amid reports that it had mismanaged the country's database of suspicious activity reports. In a hearing, Home Affairs Select Committee members questioned National Crime Agency Director-General Keith Bristow over his efforts to update ELMER, a legacy information-technology system the agency inherited in October 2013, when it took over supervision of the U.K. Financial Intelligence Unit from the now-defunct Serious Organised Crime Agency, also called SOCA. ELMER's flaws, first documented in 2006 as part of a government-wide IT review, have led to routine...
A planned overhaul of the U.K.'s database of suspicious activity reports won't be completed for another three years at the soonest, despite calls from British lawmakers to replace the system by December.
The United Kingdom has begun its search for individuals to oversee and staff a new office tasked with enforcing the nation's sanctions program, according to an individual with direct knowledge of the matter.
British lawmakers should allow banks to share their suspicions about clients with other financial institutions as part of an effort to better prevent money laundering, according to a top U.K. law enforcement agency.