Reference Case Number: FOI11952
Freedom of Information: Right to know request:
- How many raids has the FCA instigated in the last three years? I would like this broken down by month, with a year-end 31st December 2024.
- Of the raids launched in the last three years, how many officers were present at the raid? I would like this broken down by month, with a year-end 31st December 2024.
- Of the raids launched in the last three years, what offences were being investigated? I would like this broken down by month, with a year-end 31st December 2024.
- Of the raids launched in the last three years, which other agencies involved? I would like this broken down by month, with a year-end 31st December 2024.
FCA response:
We have interpreted “raid” to mean the exercise of statutory powers of search and seizure by the FCA or law enforcement in connection with an FCA investigation on a without notice basis. The figures below relate to the number of FCA enforcement investigations where statutory powers of search and seizure were used. There may be occasions where multiple powers are used simultaneously.
Date of raid | Number of FCA staff deployed (present at search) |
Offences | Other agency/agencies involved |
|---|---|---|---|
| 06/07/2022 | 4 | s52 CJA 1993 | Metropolitan Police Service |
| 19/04/2023 | 23 | s52 CJA 1993 | Metropolitan Police Service |
| 27/01/2023 | nil | Fraud and Money laundering offences | Northumbria Police |
| 10/02/2023 | nil | Fraud offences s89 FSA 2012 | Hampshire Police |
| 04/04/2023 | nil | Fraud and Money laundering offences | Hampshire Police |
| 25/04/2023 | 38 | ss19 & 21 FSMA s89 FSA 2012 ss2 & 4 Fraud Act 2006 | NCA |
| 01/06/2023 | 50 | s19 & 21 FSMA 2000 s89 FSA 2012 | NCA |
| 08/09/2023 | nil | Breaches of the MLRs - operating a cryptoasset exchange without FCA authorisation | Metropolitan Police Service |
| 20/12/2023 | 2 | s89/90 FSA 2012 | German Police |
| 01/02/2024 | 23 | s52 CJA 1993 | NCA |
| 29/02/2024 | 33 | s19 FSMA 2000 s1 + s2 Fraud Act 2006 | NCA |
| 24/09/2024 | 4 | Conspiracy to commit fraud by false representation, contrary to section 1(1) of the Criminal Law Act 1977; Giving information in purported compliance with an FCA Information Requirement which you knew to be false or misleading in a material particular, contrary to section 177(4) of the Financial Services & Markets Act 2000 | Metropolitan Police Service |
| 04/06/2024 | 12 | Confiscation | Norfolk Constabulary |
| 30/04/2024 | 3 | Breach of the general prohibition and section 23 of the Financial Services and Markets Act 2000; Fraud contrary to section 1 of the Fraud Act 2006; and Money laundering contrary to section 327 of the Proceeds of Crime Act 2002 | East Midlands Special Operations Unit (EMSOU) - Regional Organised Crime Unit |
| 05/06/2024 | nil | Breaches of the MLRs - operating a cryptoasset exchange without FCA authorisation | Metropolitan Police Service |
| 05/12/2024 | 23 | s19, s.21, s.24 FSMA | Police Scotland |
| 11/12/2024 | 34 | s19, 21, 24 FSMA 2000 | ERSOU/West Mids Police |