Commentary

A7.108 Money laundering offences—protected disclosures

Administration and compliance

A7.108 Money laundering offences—protected disclosures

A7.108 Money laundering offences—protected      disclosures

For the duty to report to be effective, the      informant obviously needs to be protected against legal claims for breach of      confidence or other breaches of contractual obligations. The legislation      accordingly provides that a disclosure is not to be taken to breach any      restriction on the disclosure of information (however imposed) if:

  1.  

    (a)     the information or other matter disclosed came to the discloser      in the course of his trade, profession, business or      employment

  2.  

    (b)     the information or other matter causes the discloser to know or      suspect (or gives him reasonable grounds for knowing or suspecting) that      another person is engaged in money laundering, and

  3.  

    (c)     the disclosure is made to the National Crime Agency, a customs      officer or an money laundering reporting officer (MLRO) as soon as is      practicable after the information or other matter comes to the

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