One of the President Moon Jae-in administration’ reform agendas is the separation of investigation and
prosection. In particular, President Moon shows his strong determination to secure the independence of
police investigation from the prosecution service, in term of checks and balances. However, there is also
some concern that the Korean police force, a very centralized police force, can be an unchecked
organization as a result, having too much power. To address these concerns, the National Police
Agency(NPA) preemptively proposes the transformation from a (centralized) national police force to (decentralized) territorial police forces. With the introduction of decentralized territorial police forces in
Korea, there are many potential problems to solve though, and one of them is the issue of financial
assistance by central government. In England, the institution of decentralized territorial police forces has
long been in place, and so the English police system can be a good model for the NPA in many ways. In
this context, the paper tries to explore the UK’s police funding system from central government, including
the Police Allocation Formula and the Assets Recovery Incentivisation Scheme Income. Based on the
investigation into the English police funding system, the paper finally derives three policy implications of
police funding system, noticeably for the era of decentralized police forces in Korea.