The Security Industry Authority has awarded £12,500 funding to PTSD Resolution from a special SIA fund that uses ill-gotten cash confiscated from individuals convicted of criminal offences within the private security industry.

The Security Industry Authority is the organisation responsible for regulating the private security industry in the United Kingdom, reporting to the Home Secretary under the terms of the Private Security Industry Act 2001. Our main duties are: the compulsory licensing of individuals undertaking designated activities; and managing the voluntary Approved Contractor Scheme.

Michelle Russell, Chief Executive of the SIA said:

“We believe that crime should not pay, so it’s fitting that illegally acquired money should be taken from criminals and used for the benefit of society and, especially for the protection of the public. Money from this fund will also continue to support the rehabilitation of service personnel with Post Traumatic Stress Disorder.”

The £12,500 awarded to PTSD Resolution is for rehabilitation for services’ Veterans, Reservists and their families, many of whom are security personnel suffering mental health issues following active service

SIA

The SIA has held powers under the Proceeds of Crime Act (POCA) since 2015. This allows the SIA to undertake financial investigations and seek confiscation orders against companies and individuals who make a profit from criminal activity. POCA is a law that ensures any money made from criminal activity can be recovered.

Since 2017 the SIA has been pursuing financial recovery from convicted criminals following prosecution. Where the SIA has brought a prosecution and there has been a conviction, the SIA may undertake confiscation proceedings against those convicted. If successful, the SIA receives a percentage of the confiscated money. The proceeds must be used to either fund good causes or further SIA’s financial investigations.

For further information about the Security Industry Authority visit www.gov.uk/sia. The SIA is also on Facebook (Security Industry Authority) and Twitter (SIAuk).