UK’s Proceeds of Crime Act 2002

A 1 hour 10-minute course with 4 chapters will help in understanding laws applicable to MSBs. This course is designed to guide MSB owners and MLRO’s on POCA proceedings. You will learn about offences that are applicable under Chapter 7 of POCA 2002 and penalties associated with it. What are the stages of Money Laundering and why there was need to criminalise money laundering? The course will also help in understanding the procedures to follow while taking consent from law enforcement agencies. It is a guide on disclosures to NCA immediately after having suspicion of money laundering or terrorist financing including types of disclosures and steps involved in making disclosures to NCA.