Reporting obligations under the Proceeds of Crime Act 2002: guide for financial institutions | Practical Law

Reporting obligations under the Proceeds of Crime Act 2002: guide for financial institutions | Practical Law

A practical guide designed to help bank staff comply with their reporting obligations under the Proceeds of Crime Act 2002 (POCA). Although the guide focuses on bank staff, the steps outlined and issues raised are generally relevant for staff of other financial institutions when complying with the POCA reporting obligations.

Reporting obligations under the Proceeds of Crime Act 2002: guide for financial institutions

by Jon Gale, Partner, Dispute Resolution Department, Ashurst LLP
MaintainedUnited Kingdom
A practical guide designed to help bank staff comply with their reporting obligations under the Proceeds of Crime Act 2002 (POCA). Although the guide focuses on bank staff, the steps outlined and issues raised are generally relevant for staff of other financial institutions when complying with the POCA reporting obligations.