Legislation
The Serious Organised Crime Agency (SOCA) was set up in Britain in April 2007 to focus on the organised crime networks and gangs who make huge profits from drugs, human trafficking, major fraud and counterfeiting.
SOCA is an intelligence-led agency, with law enforcement powers and harm reduction responsibilities.
In its first annual report, published on 18 May 2007, SOCA says that it has identified a "top tier of 1,600 underworld bosses" controlling a "multibillion pound black economy based on drugs, human trafficking and fraud". The report cites Home Office estimates that over GBP5.3bn a year is being laundered from crime and that GBP3.3bn of the total is being smuggled out of the UK.
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