The UKFIU Podcast

In the second part of this two-part series focusing on Op MACHINIZE 2, panellists discuss how the operation went, the positive outcomes of law enforcement action, including reflections for future operations. This episode includes panellists from the National Economic Crime Centre (NECC), National Police Chiefs Council (NPCC) and Nationwide (representing the banking sector).

Op MACHINIZE 2 was a multi-agency law enforcement operation focusing on money laundering through cash intensive businesses on the highstreet.

Acronyms
CBML – Cash Based Money Laundering
ROCUs – Regional Organised Crime Units
PCSOs – Police Community Support Officer

For the subtitled version of this podcast episode go to: https://youtu.be/fZvFgkDI4hE

In the first part of this two-part series focusing on Op MACHINIZE 2, panellists from the National Economic Crime Centre (NECC), Companies House, National Police Chiefs Council (NPCC) and the NCA’s data fusion team discuss the work that went into planning the operation. Op MACHINIZE 2 focused on money laundering through cash intensive businesses in the highstreet and this required a multi-agency approach with intelligence and coordination from multiple teams. Listen to learn how this was achieved.

Acronyms
ROCU – Regional Organised Crime Units
SARs – Suspicious Activity Reports
SOC – Serious and Organised Crime

For the subtitled version of this podcast episode go to: https://youtu.be/fZvFgkDI4hE

In this episode, panellists from the NCA, Serious Fraud Office (SFO), and City of London Police (CoLP) discuss the fraud and corruption landscape in the UK and overseas, typical indicators of bribery and corruption and outline how their organisations are working to tackle these threats. This episode also features an opening introduction from Baroness Hodge, the government’s Anti-Corruption Champion.

The guidance mention within this podcast which may be of interest to listeners can be accessed via the following links:

Independent Review of Disclosure and Fraud Offences: update July 2025 (Jonathan Fisher KC Part 2 Review) – https://www.gov.uk/government/publications/independent-review-of-disclosure-and-fraud-offences-part-2-updates/independent-review-of-disclosure-and-fraud-offences-update-july-2025

Indicators of Foreign Bribery Guidance - https://www.nationalcrimeagency.gov.uk/who-we-are/publications/783-indicators-of-foreign-bribery/file

Acronyms
NGOs – Non-governmental organisations
HMG - His Majesty’s Government
REIT – Real Estate Investment Trust
KC – King’s Counsel 
FBI – Federal Bureau of Investigation
DPA’s – Deferred Prosecution Agreement
AFP – Australian Federal Police
PEPs – Politically Exposed Person
MP – Member of Parliament
NDA – Non-disclosure agreement

For the subtitled version of this podcast episode go to: https://youtu.be/HtjRjcOqzFg

In this episode, panellists from the UKFIU, HMRC and a real estate agency address money laundering and suspicious activity in the real estate and letting agency sector. The podcast includes discussions of potential red flags for reporters in the sector and positive law enforcement outcome that have resulted from Suspicious Activity Reports (SARs)

HMRC have published guidance that may be of use to professionals within the real estate and letting agency sector. These can be accessed via the following link - https://www.gov.uk/government/publications/anti-money-laundering-communication-resources?&utm_source=fiu&utm_medium=referral&utm_campaign=amls

Acronyms
NRA – National Risk Assessment

For the subtitled version of this podcast episode go to: https://youtu.be/k_ISeiJisuY

In this episode, panellists from the National Economic Crime Centre (NECC) and legal sector discuss the issue of Payment Diversion Fraud (PDF) in the legal sector, with a specific focus on legal professionals involved in conveyancing. This includes how PDF can impact the legal profession, and the collaboration and work of this sector and law enforcement in minimising and combatting this crime.
 
NECC PDF factsheet - https://www.nationalcrimeagency.gov.uk/who-we-are/publications/764-payment-diversion-fraud-infosheet
 
For the subtitled version of this episode go to: https://youtu.be/zzPkLb_VXNQ