20th Cambridge Symposium on Economic Crime -
Putting the crooks out of business! The financial war on organised crime and terror.
Speaking today at the Cambridge Symposium for specialists engaged in the study, prevention, detection and prosecution of fraud and other economic crime, SFO Director Rosalind Wright delivers her wide-ranging perspective of achievements, threats and challenges faced by law agencies.
She called for a "sea-change in culture" by professionals in the financial sector to combat money laundering and says those that are willing to assist criminals to facilitate dubious transactions should become pariahs. She urges that the free flow of tainted money through the international banking system must be the principal target for law enforcement and that banking secrecy and brass plate corporations have been major obstacles to successful criminal investigation for too long.
Notes for editors:
The full text of the speech accompanies this release as an attachment by e-mail to the SFO news subscriber list. Otherwise it can be located on www.sfo.gov.uk. Click "Publications & Speeches" on the home page and then click "Speeches Archive".
SFO Press Office tel. 020 7239 7000/7001/7004
Serious Fraud Office, Elm House, 10-16 Elm Street, London WC1X 0BJ
