Anti-money laundering

This practice note is to help you comply with the Proceeds of Crime Act 2002, Terrorism Act 2000 and Money Laundering Regulations 2007 and all amending legislation up to October 2012. It also details good practice. The 2007 regulations entered force on 15 December 2007 and the TACT and POCA Amendment Regulations 2007 entered into force on 26 December 2007. 

Using this practice note 

Select a chapter heading below to navigate this practice note. 

We recommend that you refer to this online version to stay up to date with changes. For suspected money laundering occurring before 1 October 2012, refer to the relevant previous version of the practice note on the right hand side of the page.

• Download the full practice note (PDF 1.1mb)

Chapters

•  Chapter 1: Introduction  
• Chapter 2: Risk-based approach  
• Chapter 3: Systems, policies and procedures  
• Chapter 4: Customer due diligence  
• Chapter 5: Money laundering offences  
• Chapter 6: Legal professional privilege  
• Chapter 7: Terrorism offences  
• Chapter 8: Making a disclosure  
• Chapter 9: Enforcement  
• Chapter 10: Civil liability  
• Chapter 11: Money laundering warning signs  
• Chapter 12: Money laundering offences and reporting practical examples  
• Chapter 13: Definitions and glossary