UK internet users now account for over 50% of total population Dec 02 UK mobile internet Around half of internet users make use of mobile devices to access internet Aug 11 Sep 90 Jul 91 CODE THE COMPLY EXPLAIN The Combined Code on Corporate Governance The ‘Code’ is issued, consolidating the findings of several corporate governance reports Jun 98 Jun 16 UK votes to leave EU Fraud Act Receives Royal Assent Nov 06 Mirror Group Pension Scandal Black hole of £350 million revealed Dec 91 Sep 07 First UK bank run in 150 years This marks the start of the credit crunch in the UK Receives Royal Assent Apr 10 Bribery Act Rogue trader Kweku Adoboli loses his employer £1.3 billion Sep 11 2000 2010 Oct 86 Deregulation takes effect 'Big Bang' Deregulation takes effect. City trading transforms and reorganises, and electronic screens replace ‘open outcry’ pits ‘Big Bang’ Apr 88 1980 commences operations, under powers granted by the Criminal Justice Act 1987 Serious Fraud Office (SFO) closes down BCCI branches in the UK. Police raids conducted worldwide Bank of England Premier League Football First of several matches to see floodlight failures that are later linked to interference from an Asian betting syndicate Aug 97 The EU Single Market is introduced The first MTIC frauds begin Jan 93 FCA fines several banks a total of £1.1 billion for failing to control business practices related to the Forex scandal Nov 14 WannaCry Ransomware The attack affects over 230,000 computers, causing severe disruption to many organisations May 17 Aug 91 Jun 90 Misuse Act Computer Receives Royal Assent Computer Misuse Act Trading suspended following an SFO raid Polly Peck .www World Wide Web, developed by Sir Tim Berners-Lee at CERN, is opened to the general public POLICE Data Banking Other Politics, laws and agencies Management scandals Legend 0 + 0 0 + + 0 + + Sep 02 Many of the same banks were later fined a further £3.6 billion by U.S. law enforcement 1990 The Onion Routing (TOR) project TOR is first released - an anonymising network associated with the 'Dark Web' The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. © 2018 KPMG LLP, a UK limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. Produced by Create | CRT080393 30 years of tracking fraud Learning from the past to prepare for the future