I have contact with and receive representations from small business organisations. Reducing the harm caused by fraud to individuals and businesses of all sizes is a key priority for the NFSA. The Authority will be working with private and public sector contacts to develop and deliver the National Fraud Strategy.
The development of the National Fraud Reporting Centre will be to perceive the nature of frauds as they develop. It will put together intelligence packages that it will then distribute to try to help businesses to spot the fraud before it happens, and to disrupt it in order to ensure that people are well informed of the tactics used. The SFO investigates serious and/or complex fraud against whomever it is aimed.
I recognise the particular need to do what we can to support small and medium-sized enterprises in the current economic climate.