Anti-money laundering

Anti-money laundering practice note – 15 December 2007

In force from 15 December 2007

This practice note is to help you comply with the Proceeds of Crime Act 2002, Terrorism Act 2000 and Money Laundering Regulations 2007. It also details good practice.

It applies to suspected money laundering occurring from 15 December 2007 to 22 February 2008.

For suspected money laundering occurring before 15 December 2007, refer to our previous guidance.

Using this practice note

Click on a chapter heading below to navigate this practice note. You can print the entire practice note, and each chapter can be printed individually.

• Table of contents
• Definitions and glossary
• Chapter 1 – introduction
• Chapter 2 – the 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 – offences and reporting practical examples
• Summary of amendments