June edition of SARs in Action is published
The National Crime Agency in the UK issue the June edition of ‘SARs In Action‘ which hears from the Crown Prosecution Service on their new money laundering offences guidance, which makes it clear that it’s possible to charge someone under the Proceeds of Crime Act 2002 (POCA) even though it cannot be proven that money laundering was planned or undertaken.
This guidance should provide clarity for prosecutors and law enforcement, and remove some of the historical barriers to making use of this litigation.
