New Banknote Watch head eyes commercial robbery progress

Richard Childs aims to make real progress on the issue of commercial crime against businesses in the UK following his unveiling as the new chairman of Banknote Watch.

Mr Childs is currently the Managing Director of the Association of Chief Police Officers Crime Prevention Initiatives (ACPO CPI) and also the ACPO lead for security systems. ACPO CPI is the UK Police flagship initiative to reduce crime through physical security standards and processes.

Banknote Watch was established by the security industry, police and forensic communities to eliminate stolen banknotes from circulation to reduce profits through cash-in-transit and ATM crime and to help UK businesses be more aware to avoid falling foul of commercial robbery.

The initiative is supported by the Home Office, Scottish Executive, Northern Ireland Office and leading financial organisations and benefits from specialist Bank of England advice.

Mr Childs joined Banknote Watch at the end of 2012 after experience within both the public and private sectors and has been appointed chairman following a lengthy selection process.

The new Chairman has outlined plans to build closer partnerships with the Police and Government to make cash more secure under his tenure.

He highlighted identifying and handling stolen cash and improving the security industry response to commercial robbery and other serious crime as key objectives for growth.

“Banknote Watch is a good example of how an industry can join together in an area of common interest – commercial crime – and by working closely together with Police and Government departments, make sustained progress against this very serious issue,” Mr Childs said.

“One of the key objectives I’ve set for my chairmanship is to ensure that the industry gains recognition for its work in tackling these issues, and I am looking forward to playing a part in that and building upon the progress that has already been made over a number of years.”

About Security Buyer

Security Buyer is the leading authority in global security content, delivering expert news, in-depth articles, exclusive interviews, and industry insights across print, digital, and event platforms. Published 10 times a year, the magazine is a trusted resource for professionals seeking updates and analysis on the latest developments in the security sector.

To submit an article, or for sponsorship opportunities, please contact our team below.

Rebecca Spayne picture 2025

Rebecca Spayne

Managing
EDITOR

Georgina Turner image

Georgina Turner

Sales
Manager

Afua Akoto image - Security Buyer

Afua Akoto

Marketing Manager

Read the Latest Issue

Follow us on X

Follow us on X

Click Here

Follow us on LinkedIn

Follow us on LinkedIn

Click Here

Advertise here

Reach decision makers and amplify your marketing

Advertise here

Click Here

Related News

ASSA

ASSA ABLOY signs definitive agreement to acquire Arran Isle

ASSA ABLOY has signed a definitive agreement to acquire Arran Isle, a designer, manufacturer and distributor of door and window
Corps Security

Paul Lotter joins Corps Security as Regional Operations Director

Paul Lotter has been appointed as the Regional Operations Director at Corps Security and will focus on operations in London and South of England.
ASSA ABLOY Security Solutions

ASSA ABLOY Security Solutions secures first partners for CLIQ Go

Several security providers have signed up to be dedicated partners for the new CLIQ Go from ASSA ABLOY Security Solutions.

WatchGuard warns of Vaporworms, Global Internet Disruption and Rogue AI Chatbots for 2019

Security Predictions from WatchGuard Threat Lab include the next evolution of ransomware, escalating nation-state attacks.
Black Box fire & Security

Black Box Fire & Security maximises industry expertise with senior management restructure

Black Box Fire & Security has announced a restructure of its senior management team focusing on business development as the firm continues to grow.
MyDefence

MyDefence successfully integrates Counter UAS sensors in light armoured vehicle

MyDefence Communication announced the successful integration of Counter Unmanned Aerial System (UAS) technology in vehicle platforms for military forces.
Panasonic

Panasonic teams up with Rohde & Schwartz Cybersecurity

Panasonic has announced a new partnership with Rohde & Schwarz Cybersecurity to equip latest android devices with R&S Trusted Mobile.
Mimecast

Mimecast wins Global Business Continuity Institute Award for continuity and resilience

Mimecast mailbox continuity highlighted as a strategic asset for cyber resilience for email at 2018 BCI Global Awards.
Finance solutions

Dallmeier partners with White Oak UK for vendor finance programme

White Oak UK and Dallmeier have announced a new partnership aimed at offering finance solutions to Dallmeier UK business customers.
An Garda Síochána

Sepura SC21 TETRA radios adopted by An Garda Síochána

An Garda Síochána has deployed Sepura’s new SC21 TETRA radios, having selected the device after an extensive product trial.
Scroll to Top