Posts Tagged ‘POCA’
23.07.09 SOCA – Belfast Anti-Money Laundering Conference
SOCA - Belfast Anti-Money Laundering Conference Businesses in Northern Ireland are invited to a free one day conference on Tuesday 22 September 2009 to learn how to safeguard themselves against serious organised crime and money laundering. The event, organised by the Asset Recovery Working Group ‘Payback’ Team, and hosted by the ...
Q. When do I submit a SAR to SOCA?
The Proceeds of Crime Act 2002 expanded, reformed and consolidated the UK's criminal money laundering offences. Most of the offences under the Act apply to all individuals and businesses in the UK, however, some apply only to those doing business in the 'regulated sector'. A SAR should be made as ...
Q. What is the Proceeds of Crime Act 2002?
POCA is the UK's primary money laundering legislation. Chapter 7 sets aout the predicate offences of money laundering applicable to all, S327 Conceals, S328 Arrangement and S329 and Aquires. Chapter 7 is also the area that concerns the professional in the regulated sector. It places a responsability on all employees in the regulated sector to ...
Q. What are the Money Laundering Regulations?
The ML Regulations are the UK's secondary legislation in the AML/CFT regime. they where first introduced in 1993 and the 2007 Regulations are just the latest version. The 2003 Regulations, effective 1 March 2004 bough the professional such as the accountant, estate agent or solicitor into the regulated sector. The Regulations ...
