The Public Sector Fraud Authority (PSFA) has published its first Annual Report for 2022-23.
The report provides information on the PSFA’s activities and performance against its 2022/23 objectives.
The key achievements of the PSFA in the last year include:
- £311m in audited counter fraud benefits delivered;
- The announced partnership between the PSFA and Australian Commonwealth Fraud Prevention Centre;
- The publication of the Government Counter Fraud Profession Strategy 2023-2025; and
- The use of cutting edge analytics and technology to find and stop fraud, including £140m of potentially fraudulent payments in the Bounce Back Loans Scheme.
Firms can view the report to gain insights into the anti-fraud activities and objectives of the PSFA.