The Proceeds of Crime Act 2002 (POCA 2002) creates the three main money laundering offences, with penalties of up to 14 years imprisonment. They are: • POCA 2002, s 327—concealing, disguising, converting or transferring criminal property or removing it from the jurisdiction • POCA 2002, s 328—entering into or becoming concerned in an arrangement to facilitate the acquisition, retention or control by, or on behalf of another person of criminal property knowing or suspecting that the property is criminal property, and • POCA 2002, s 329—acquiring, using or having possession of criminal property In each case, commission of the offence depends on the notion of ‘criminal property’. This is defined in POCA 2002, s 340 as: • a person's