Published date: 28 April 2017

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 22 May 2017

Contract summary

Industry

  • Financial market regulatory services - 66152000

  • Research and development services and related consultancy services - 73000000

  • Business and management consultancy services - 79410000

Location of contract

SW1P 4DF

Value of contract

£80,000 to £105,000

Procurement reference

SST/1617/161

Published date

28 April 2017

Closing date

22 May 2017

Contract start date

12 June 2017

Contract end date

21 August 2017

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

Research is required to produce an options analysis and recommendations for the design of the Suspicious Activity Reports (SARs) regime. This needs to be informed by what works and does not work in the current regime, what works well abroad, and projected changes in technology, the reporting sector and criminal typologies.

Persons in the regulated sector are required under Part 7 of the Proceeds of Crime Act 2002 and the Terrorism Act 2000 to submit a Suspicious Activity Report in respect of information that comes to them in the course of their business if they know, or suspect or have reasonable grounds for knowing or suspecting, if a person is engaged in, or attempting, money laundering or terrorist financing.

A joint Home Office and National Crime Agency programme is delivering reform of the UK's Suspicious Activity Reports regime along a 'twin track' approach that will deliver short term improvements in 17/18 and set the long term design of the regime. This research will be used to contribute to the long term work stream of the programme.

More information

Attachments

About the buyer

Contact name

HO Commercial

Address

2 Marsham Street
London
SW1P 4DF
England

Email

HOSProcurement@homeoffice.gsi.gov.uk