| Synopsis: |
The Assets Recovery Agency was created in 2003. It seeks to disrupt crime, where assets can be linked to crime, by using its powers of criminal confiscation, taxation or civil recovery. It also has a duty to promote the use of financial investigation, both within and outside the Agency, through training, accreditation and the monitoring of performance. Although it has met its targets for training and disrupting criminality, it has not met its targets for asset recovery and has not yet become self-financing. This report looks at the Agency's difficulties in meeting those targets as well as its performance in training and monitoring financial investigators. |