Has a reduced appetite for risk among investors following the recession, combined with proposals for restrictions on the activities of litigation funders supported by Lord Justice Jackson, sounded the death knell for third party funding of large scale commercial litigation in the UK?
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Jonathan Fisher KC highlights that it now accounts for around 40% of criminal offences, with roughly 70% involving technology, and argues that the UK cannot simply prosecute its way out of the problem. Detection, investigation and prosecution all require improvement, while different fraud types demand tailored responses.