NCA and FCA highlight 9 economic crime priorities for regulated sector

The NCA and FCA have set out their 9 priorities for tackling economic crime in the regulated sector. The publication follows the 2025 NRA, and the NCA and FCA say there will be further guidance to help firms interpret the priorities alongside it.

The priorities are:

• economic crime and sanctions evasion facilitated by professional enablers with a UK connection, especially where linked to Ukraine;
• transaction flows and corporate structures associated with the abuse of power by overseas PEPs;
• a resilient cryptoasset ecosystem;
• criminal cash consolidation, cross border movement and deposit into the UK banking system;
• money laundering on behalf of organised crime groups with links to priority jurisdictions;
• fraud by international offenders against UK victims;
• exploitation of money mules by “mule herders”;
• tackling frauds that originate from a telecoms service or online platforms; and
• financing of terrorist attacks or plots in the UK.