Decision details

Financial investigations & asset recovery

Decision Maker: Cabinet Member for Community Safety

Decision status: Recommendations approved

Is Key decision?: No

Is subject to call in?: No

Decisions:

Ed Skinner, Regulatory Services Lead introduced the report and in response to questions clarified the following points:

 

The Home Office stipulates that a tiered approach must be taken regarding spending from the reserve account.  The first priority is to re-invest to ensure that there is more capacity to carry out investigations. From 2006/ 7 there are about 25 public agencies that can employ financial investigators them including the Environment Agency, the Royal Mail and DEFRA.

 

The second priority is providing funding for functions that reduce crime.  The team offers funding to the Safer Portsmouth Partnership for community projects that are self-funding and sustainable and have a crime reduction element.

 

Councillor Corkery noted that it is important that these reports come to a public meeting.  It provides Councillors and the public the opportunity to find out more about what the council is doing.

 

Councillor Hunt thanked all the staff involved and stated that everyone should understand that the council will come after criminals involved in illegal activities including counterfeit tobacco and seize their assets wherever possible.

 

DECISION
The Cabinet Member for Community Safety:

1.    Acknowledged the powers available to AFIs employed within Regulatory services and authorised their inclusion within the council's enforcement policy.

2.    Acknowledged the benefits this work has yielded since its implementation, and approved the manner in which Regulatory Services seeks to deliver its financial investigation & asset recovery plan going forward

3.    Approved the retention of the reserve account so recovered monies can be reinvested in keeping with the Home Office policy: Asset Recovery Incentivisation Scheme.

Report author: Richard Lee

Publication date: 06/11/2020

Date of decision: 28/01/2020

Decided at meeting: 28/01/2020 - Cabinet Member for Community Safety

Accompanying Documents: