Qualified positive – the UK economic crime levy

Alun Milford (+44 (0)20 7369 3818, amilford@kingsleynapley.co.uk) is a criminal litigation partner at Kingsley Napley LLP. Previously he was General Counsel at the Serious Fraud Office, the Crown Prosecution Service’s Head of Organised Crime, its Head of Proceeds of Crime and Revenue and Customs Prosecutions Office’s Head of Asset Forfeiture Division.

The rectitude of a charge on regulated businesses to help tackle economic crime may be open to question; the UK Government is pushing ahead even so. Alun Milford of Kingsley Napley says the impact will be muted without more far-reaching funding reform.