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Defence Against Money Laundering FAQs

8 May 2018

The National Crime Agency (NCA) has published the first edition of Frequently Asked Questions on the Defence Against Money Laundering (DAML) Suspicious Activity Reporting (SARs) regime.

DAML is a term used by the NCA when referring to ‘appropriate consent' to carrying out an activity that may result in a person committing a principal money laundering or terrorist financing offence under Part 7 of the Proceeds of Crime Act 2002 and Part 3 of the Terrorism Act.

Receiving ‘appropriate consent’ provides the reporter with a defence to the principal money laundering offences, but consent can only be received to the extent to which it is asked for.

The FAQs offer best practice advice on providing sufficient information when requesting consent and signpost other NCA guidance on SARs to help improve the quality of DAML requests.

Please read the DAML FAQs here, and access chapters 8.4 and 9 of the AML Guidance for further information.

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