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U.K. Publishes Strategy to Fight Serious Crime
By Bennett Voyles
printThe United Kingdom should strengthen asset forfeiture and anti-money laundering powers as part of an effort to aid the recently-formed National Crime Agency, Britain's Home Office said in a report Tuesday. The publication of the 76-page strategy coincides with the completion of a 2-year plan to fold the now-defunct Serious Organised Crime Agency (SOCA) into the new agency, known as the NCA, which will investigate cyber-fraud, money laundering, pedophilia and other crimes in addition to improving the nation's analysis of suspicious transaction reports. To aid the new agency, British lawmakers should strengthen the Proceeds of Crime Act (POCA), the U.K.'s...
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