Cryptoasset Investigation tools

  • H M Revenue & Customs

F14: Notice for changes or additional information

Notice identifier: 2023/S 000-018308

Procurement identifier (OCID): ocds-h6vhtk-03dcb1

Published 27 June 2023, 5:16pm



Section one: Contracting authority/entity

one.1) Name and addresses

H M Revenue & Customs

Trinity Bridge House, 2 Dearmans Place

Salford

M3 2 BS

Contact

Catherine Moore

Email

catherine.moore3@hmrc.gov.uk

Country

United Kingdom

Region code

UK - United Kingdom

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

www.gov.uk


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Cryptoasset Investigation tools

Reference number

SR1512328556

two.1.2) Main CPV code

  • 48000000 - Software package and information systems

two.1.3) Type of contract

Supplies

two.1.4) Short description

His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and helps families and individuals with targeted financial support.

FIS is responsible for the department's civil and criminal investigations into the most serious fraud, money laundering, and wrongdoing, working to protect funding for UK public services, investigate the most harmful tax frauds and criminals, and ensure that none are beyond our reach.

While traditional money laundering methods are still favoured by criminals, technology is transforming the financial services landscape. With the growth of the digital economy, money launderers are looking to exploit these new technologies due to their increasing prominence, their relative ease of use, and most importantly the consistent lack of transparency.

HMRC are considering the future of cryptoasset investigation services and would like to invite suppliers to provide an in-depth overview of the types of crypoassets and cryptoasset investigation tools & and ancillary services in the markets, as well as some strategic insight as to what this fast-growing market may evolve into as it matures.

It is envisaged that the procurement for cryptoasset investigation services will launch in July/August 2023, post market engagement days (planned for w/c 17/07 but STC), Please note that this Procurement may not progress in this or any other format and is subject to the relevant internal Governance and approvals.


Section six. Complementary information

six.6) Original notice reference

Notice number: 2023/S 000-018186


Section seven. Changes

seven.1.2) Text to be corrected in the original notice

Section number

II.1.4

Instead of
Text

His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and helps families and individuals with targeted financial support.

FIS is responsible for the department's civil and criminal investigations into the most serious fraud, money laundering, and wrongdoing, working to protect funding for UK public services, investigate the most harmful tax frauds and criminals, and ensure that none are beyond our reach.

While traditional money laundering methods are still favoured by criminals, technology is transforming the financial services landscape. With the growth of the digital economy, money launderers are looking to exploit these new technologies due to their increasing prominence, their relative ease of use, and most importantly the consistent lack of transparency.

HMRC are considering the future of cryptoasset investigation services and would like to invite suppliers to provide an in-depth overview of the types of crypoassets and cryptoasset investigation tools & and ancillary services in the markets, as well as some strategic insight as to what this fast-growing market may evolve into as it matures.

It is envisaged that the procurement for cryptoasset investigation services will launch in July/August 2023, post market engagement days (planned for w/c 17/07 but STC), Please note that this Procurement may not progress in this or any other format and is subject to the relevant internal Governance and approvals

Read
Text

His Majesty's Revenue and Customs (HMRC) is the UK's tax, payments and customs authority and collects the money that pays for the UK's public services and helps families and individuals with targeted financial support.

FIS is responsible for the department's civil and criminal investigations into the most serious fraud, money laundering, and wrongdoing, working to protect funding for UK public services, investigate the most harmful tax frauds and criminals, and ensure that none are beyond our reach.

While traditional money laundering methods are still favoured by criminals, technology is transforming the financial services landscape. With the growth of the digital economy, money launderers are looking to exploit these new technologies due to their increasing prominence, their relative ease of use, and most importantly the consistent lack of transparency.

HMRC are considering the future of cryptoasset investigation services and would like to invite suppliers to provide an in-depth overview of the types of crypoassets and cryptoasset investigation tools & and ancillary services in the markets, as well as some strategic insight as to what this fast-growing market may evolve into as it matures.

It is envisaged that the procurement for cryptoasset investigation services will launch in July/August 2023, post market engagement days (planned for w/c 17/07 but STC), Please note that this Procurement may not progress in this or any other format and is subject to the relevant internal Governance and approvals

To gain access to the RFI, an NDA will need to be completed.

This will be sent in response to any requests for access made.