The Conservative Party has pledged in its manifesto to incorporate the Serious Fraud Office (SFO) into the National Crime Agency (NCA). As Home Secretary, Theresa May twice tried unsuccessfully to restructure the SFO. In 2011, she proposed sending the SFO’s investigators to the NCA and its prosecutors to the Crown Prosecution Service. In 2014, reports surfaced of her seeking to roll the SFO into the NCA. Leaving aside the outcome of June’s general election, it still remains to be seen whether and/or how the government delivers on this pledge.
via Is it the end of the road for the SFO? – Allen & Overy: Investigations Insight Blog
