Account monitoring orders An account monitoring order allows an investigator to monitor the activity of a particular account held at a financial institution for up to 90...
SAR reform programme In late 2017, the National Crime Agency (NCA) and Home Office announced that they had established a joint suspicious activity report (SAR) Reform...
The government has published a series Codes of Practice which provide guidance to investigators on the use of investigatory powers under the Proceeds of Crime Act 2002...
Customer information orders A customer information order requires a financial institution to, on being required to do so by notice in writing given by an appropriate...
What is a disclosure order? A disclosure order is a request for financial information with which the recipient is obliged to comply. Section 357 of the Proceeds of Crime...
This Practice Note considers the powers created under sections 339ZH to 339ZK of the Proceeds of Crime Act 2002 (POCA 2002) (inserted by section 12 of the Criminal...
Money laundering offences—an introduction Money laundering is the process by which the proceeds of crime are converted into assets which appear to have a legitimate...
Money laundering offences—an introduction Money laundering is the process by which the proceeds of crime are converted into assets which appear to have a legitimate...
This Practice Note covers the offence of acquiring, using or possessing criminal property under section 329 of the Proceeds of Crime Act 2002 (POCA 2002), which is one of...
This Practice Note concerns the concealing offence under section 327 of the Proceeds of Crime Act 2002 (POCA 2002), which is one of the principal money laundering...
STOP PRESS: This Practice Note is currently being updated to reflect recent developments. Failure to disclose offences under the Proceeds of Crime Act 2002 There are four...
This Practice Note concerns the arrangement offence under section 328 of the Proceeds of Crime Act 2002 (POCA 2002), which is one of the principal money laundering...
Tipping off and prejudicing an investigation It would undermine the benefit to the authorities if, a suspicious activity report (SAR) having been made, the alleged...
Investigatory orders available under POCA 2002, Pt 8 The orders available under the Part 8 of the Proceeds of Crime Act 2002 (POCA 2002) (investigative orders) are: •...
Understanding what may constitute criminal property is critical to understanding the principal money laundering offences under sections 327, 328 and 329 of the Proceeds...
This Practice Note deals with the amendments to the Proceeds of Crime Act 2002 (POCA 2002) by the Criminal Finances Act 2017 (CFA 2017). Specifically, it details the...
Production orders The purpose of a production order is to obtain material relating to a known person or business, such as bank statements and correspondence. The order...
You may have a regulatory or professional duty to keep the affairs of your customers confidential and the circumstances in which you can disclose information about your...
Obtaining a warrant under POCA 2002, s 352 A search and seizure warrant authorises an appropriate person to enter and search the premises specified and to seize and...