A combination of the prevailing UK legislation and generally accepted practices dictate that in the vast majority of confiscation cases, assets seized under PACE or POCA, even those seized utilising the powers given under Section 47 of POCA, are often held in storage for extended periods of time, suffering unnecessary depreciation.

The threat posed by serious and organised financial crime is better understood than ever before, but as this understanding grows, so does the ever changing challenge as sophisticated criminals constantly seek out and exploit new and fertile opportunities. Fraud and Financial Crime is not only a policing and law enforcement issue.

Many SOC threats are financially motivated and as such we must collectively focus efforts to respond to illicit finance and whilst technology, the movement of people, money and the changing cyber world offer opportunities to the criminal, they also offer opportunities to those seeking to tackle the problem.