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Economic Security and Cyber Crime Committee - Tuesday, 23 June 2026 - 11.00 am

June 23, 2026 at 11:00 am Economic Security and Cyber Crime Committee View on council website

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Summary

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The Economic Security and Cyber Crime Committee met on Tuesday 23 June 2026 to discuss a range of topics related to economic security and cyber crime. The meeting agenda included updates on policing performance, a summary of Action Fraud complaints, and discussions on innovation and growth in relation to cyber and economic crime activities.

Deputy Commissioner's Update

A report from the Commissioner was scheduled to provide an update on National Lead Force (NLF) activity since the previous committee meeting. This update was expected to cover strategic leadership and engagement, including the launch of the Fraud Strategy, preparations for the government's Police Reform announcement, and participation in the Global Fraud Summit in Vienna. Operational highlights were also anticipated, detailing activities such as Operation Henhouse 5, and the work of specialist units like the Police Intellectual Property Crime Unit (PIPCU) and the Insurance Fraud Enforcement Department (IFED).

Policing Plan Performance Report Q4 2025/26

This report was intended to summarise the policing plan performance for the fourth quarter of the 2025/26 financial year. It was to include an assessment of national policing performance against the objectives set out in the National Policing Strategy for Fraud, Economic and Cyber Crime 2023-28, as well as an assessment of the City of London Police's performance against these objectives. The report was also to provide an example of the performance reporting for fraud in 2026/27.

Key areas covered in the performance assessment included:

  • Money Laundering and Asset Recovery: Measures to increase disruptions against money laundering offenders and seize/restrain criminal assets, alongside providing training on investigating and seizing crypto assets.
  • Fraud: Efforts to increase the policing response and outcomes linked to the National Fraud Intelligence Bureau (NFIB) and Report Fraud crime dissemination packages, and to proactively pursue high-harm offenders through national operations.
  • Cyber Crime: Measures to increase the policing response and outcomes linked to NFIB/Report Fraud dissemination packages, and to increase intelligence-led proactive operations regarding Computer Misuse Act offending.
  • Protect People and Businesses: Initiatives to develop the PROTECT notification processes, encourage the use of Police Cyber Alarm, deliver the new NPCC Cyber Resilience Centre (CRC) Model, improve referral processes for new nominals, roll out the Cyber & Digital Specials & Volunteers (CDSV) Programme, and revise training pathways.

Summary of Action Fraud Public Complaints Data - Q4 2025/26

This report was scheduled to provide an overview of public complaints related to Report Fraud data for the fourth quarter of 2025/26. It was to detail the number of complaint cases logged, including Schedule 3 and non-Schedule 3 complaints, and the number of allegations. The report was also expected to outline the most common allegation categories and reasons for complaint, noting that many related to customer expectations regarding investigations and contact. The report was to address a backlog of complaints and the impact of the new Report Fraud system on complaint volumes.

Innovation & Growth - Update on Economic Security and Cyber Crime Related Activities

This report was to summarise the activities undertaken by the Innovation & Growth (IG) department in relation to cyber and economic crime. The core objective of IG is to strengthen the UK's competitiveness as a global hub for financial and professional services (FPS). The report was to highlight the collaboration between IG and the City of London Police (CoLP), particularly in building a resilient and secure ecosystem. Specific areas of focus were expected to include:

  • Collaboration: Engagement with the Financial Action Task Force (FATF) and support for the CoLP through the police reform process.
  • RegTech: Progress on the RegTech Strategy Group, focusing on themes of data access, digital verification, and investment and skills.
  • Digital Verification: The establishment and aims of the Digital Verification Orchestrator Initiative (DVO) and the upcoming launch of a DVO blueprint.
  • Department for Business and Trade: The City of London Corporation's participation in a roundtable discussion on proposed powers to protect the UK from adverse economic pressure.

The report was also to link these activities to the Corporate Plan's aims of supporting a thriving economy and positioning the UK as a global hub for innovation in financial and professional services.

Topics

Digital Verification Orchestrator Initiative (DVO) Action Fraud Insurance Fraud Enforcement Department (IFED) Computer Misuse Act offending Operation Henhouse 5 Economic Security Digital Verification Financial Action Task Force (FATF) Department for Business and Trade City of London Corporation NPCC Fraud Strategy National Policing Strategy for Fraud, Economic and Cyber Crime 2023-28 Police Intellectual Property Crime Unit (PIPCU) RegTech Strategy Group Asset Recovery Cyber Resilience City of London Police Cyber Crime Money laundering Fraud National Fraud Intelligence Bureau (NFIB)

Meeting Documents

Agenda

Agenda frontsheet 23rd-Jun-2026 11.00 Economic Security and Cyber Crime Committee.pdf

Reports Pack

Public reports pack 23rd-Jun-2026 11.00 Economic Security and Cyber Crime Committee.pdf

Additional Documents

260223 ESCCC minutes draft RR.pdf
Deputy Commissioner update June 2026.pdf
ECCC IG Update June 2026.pdf
Appendix 2.pdf
Appendix 3.pdf
Appendix 1 Complaints stats.pdf
Public Report on Action Fraud Q4 2025-26.pdf
Policing Plan Performance Cover Report.pdf
Appendix 1.pdf