The North East, along with London and Manchester, was chosen to advise on the national framework because of its high standing among those involved in the prevention of fraud, with the NEFF supported by 200 businesses and acting as a model for nine other UK initiatives.
The meeting, attended by more than 100 NEFF members, included repres-entativefrom businesses and public sector bodies.
Alan Brown, NEFF chairman, said: "We have been running longer than most fraud prevention initiatives, and as such we have a lot of insight into the issues affecting the victims of fraud in the North East.
Northumbria Police economic crime unit's Det Insp Phil Butler, who heads NEFF, said: "We look at a number of measures to tackle commercial fraud and in the wider community.
NEFF runs a programme of conferences, seminars and training courses on a variety of frauds including ID theft, cybercrime, and tax fraud.
N Information on the conference is available from the NEFF website, at www.
NEFF Rental rents construction and industrial equipment from locations in 14 states.
The NEFF fleet includes earth-moving equipment, compressors, generators and lifts from leading manufacturers.
Board member Andrew Robinson said: "The NEFF has built up a track record in the region in the fight against fraud for the last four years while the NFSA is new, so it must be the case that if NFSA in London provides some funding for the NEFF here it will give better results because we have tools and bigger awareness in the fight against cyber crime.
NFSA official Daniel Hurl, who spoke at the NEFF Credit Crunch Seminar in Newcastle yesterday, agreed that it would be "vital" for the authority to work closely with regional organisations like the NEFF in the future.
The NEFF - launched with a conference at St James's Park, Newcastle, in March last year - united police, universities, accountants and professionals in a fight against financial corruption.
More than 200 organisations have joined NEFF, and 1,000 delegates have attended a series of fraud master classes in the region.