On 1 May 2018 the NCA published a frequently asked questions document in relation to seeking a defence against money laundering offences (Defence) under the Proceeds of Crime Act 2002 (POCA)
The guidance has been compiled in consultation with various money laundering reporting officers and aims to provide practical cross-sector guidance on good practice in drafting Defence Suspicious Activity Reports (Defence SARs). It comes after a 24% increase in Defence SARs between 2014-15 and 2015-16. Click here for more.
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