Description
Book SynopsisThe fourth edition of this bestselling guide to money laundering compliance has been updated to take account of significant developments in legislation and best practice including: - the replacement of the Money Laundering Regulations 2007 with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 - the replacement of the Law Society’s practice note with the Legal Sector Affinity Group’s guidance - the introduction of the Criminal Finances Act 2017 - the National Crime Agency succeeding the Serious Organised Crime Agency. User-friendly and practical, the book provides an overview of the substantive law and guidance on reporting suspicions, managing money laundering procedures and spotting money laundering activities in a solicitor’s practice, as well as the full text of the Anti-Money Laundering Guidance for the Legal Sector, making it an essential resource for ensuring compliance.
Table of ContentsPart I: Substantive law; 1. Money laundering and the solicitors’ profession: an overview; 2. Criminal offences: arrangements (POCA 2002, s.328); 3. Criminal offences: other money laundering offences; 4. Authorised disclosures; 5. Failure to disclose: regulated sector; 6. Failure to disclose: nominated officers; 7. Disclosures which prejudice an investigation; 8. Money Laundering Regulations 2017; Part II: Practical guidance; 9. Reporting suspicions; 10. Management of money laundering procedures; 11. How to spot money laundering activities in a solicitor’s practice; Part III: Appendices.
