What company officers and directors should know about the: 1. Proceeds of Crime Act 2002. POCA is UK legislation providing for the restraint, confiscation, civil forfeiture, and taxation of the benefit of criminal conduct or criminal assets. It also contains the UK’s principal money laundering offenses and provisions for international cooperation, including enforcement of foreign […]

As can be seen from the following a top international political priority currently is the fight against terrorist financing. The Egmont Group European Commission’s Action Plan UK govt FATF In meeting this objective bolstering the Global anti-money laundering regimes is seen as one way to tackle this problem and a number of decisions have been […]