Summary
This is a guide to U.K. money laundering regulation and legislation from both the compliance and offence based points of view. It sets out the most relevant legislation including the Proceeds of Crime Act 2002, Money Laundering Regulations 2003, and the Terrorism Act 2000 and analyses the impact of EU and international law.
Contents
Part I. Background – 1. Introduction – 2. Definition and development – 3. Recognition – 4. Criminalisation – 5. Enforcement.
Part V. European and international legislation and guidance – 1. Council of Europe measures – 2. European Union measures – 3. United Nations initiatives – 4. Other organisations – Appendices.
Part IV. Confiscation – 1. Introduction – 2. Criminal confiscation law and procedure – 3. Civil confiscation law and procedure – 4. Cash seizure and forfeiture law and procedure.
Part III. United Kingdom money laundering and terrorist financing offences – 1.Introduction – 2. The nature of restraint orders in relation to money laundering and terrorist financing – 3. Jurisdiction – 4. The principal money laundering and terrorist financing offences – 5. Reporting offences – 6. Investigation offences – 7. Offences under the Money Laundering Regulations 2007.
Part II. Compliance with money laundering regulations – 1. Introduction – 2. Enforcement and sanctions – 3. Who is subject to them? – 4. Procedures, record keeping and training – 5. The nominated officer and the reporting of suspicious transactions – 6. The risk based approach – 7. Customer due diligence – 8. Supervision and registration.