Undercover police officers to be sent into financial services firms

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The City of London police is to start sending undercover police into financial services firms to tackle financial crime.

Speaking at a Financial Conduct Authority conference on financial crime in London today, City of London police chief superintendent Oliver Shaw said criminals need to know the police are “looking over their shoulder”.

He said: “You will see increased covert surveillance on trading floors. We will be putting undercover officers into financial institutions.

”We will be tape recording, audio recording and possibly video recording their activities. They need to know we are looking over their shoulder.”