Case study: Financial crime

UWE Bristol Professor Nicholas Ryder was the Principal Investigator for successful funding applications to the France Telecom Group (FTG). The research contributed to an impact case study for the 2014 Research Excellent Framework (REF).

The project findings informed FTG on the jurisdictional legislation and banking regulation with respect to setting up ‘Mobile Money’ operations in the Ivory Coast, Jordan and Egypt. The recommendations of the report became part of FTG's anti-fraud strategy and have also contributed to several REF-related publications. Professor Ryder was also commissioned by the City of London Police and asked to examine the work carried out by its Dedicated Card and Payment Crime Unit (DCPCU).

The DCPCU highlighted the positive impact of this research and commented that the research carried out focused on how they can better calculate and highlight the benefit of the work conducted by the unit on behalf of the UK banking industry. They claimed that the results have given them new ways at looking how to calculate those benefits as well as a new approach when reviewing relevant cases. The method provided gave them an estimated savings figure in an area of fraud never previously claimed, therefore increasing the performance figures provided to the stakeholders.

This research project resulted in the publication of several high-impact publications, which were adopted and used by Transparency International and several other NGOs in their response to the Ministry of Justice consultation paper Evidence on Failing to Prevent Economic Crime.

Rory Donaldson, the Programme Manager for the Business Integrity Programme at Transparency International Evidence, supported this:

"Our UK chapter recently submitted to a UK Government Call for Evidence on Corporate Liability, the core arguments of which were informed by discussion with Nicholas… The central argument of our submission was heavily informed by discussion and articles and book chapters with Nicholas. Our submission in turn, was influential on various other NGO submissions who make up the CORE (Corporate Responsibility) network".

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