Legislation, Regulation and Directives

UK Legislative Framework:

  • Proceeds of Crime Act 2002 (as amended)
  • Terrorism Act 2000 (as amended by the Anti-terrorism, Crime and Security Act 2001)
  • The Money Laundering Regulations 2007
  • The Money Laundering (Amendment) Regulations 2012
  • UK Bribery Act 2010
  • Counter-terrorism Act 2008, Schedule 7
  • Financial Sanctions (UN, EU and Office of Foreign Asset Control ("OFAC"))
  • HM Treasury Sanctions Notices and News Releases

EU Directives:

  • Third Money Laundering Directive 2005/60/EC
  • Fourth Money Laundering Directive 2015/849

Inter-Governmental Bodies:

  • Financial Action Task Force - 40 Recommendations
  • Transparency International
  • The Egmont Group of Financial Intelligent Units

Guidance Notes:

  • Money Laundering Regulations 2007: Supervision of Estate Agents
  • Joint Money Laundering Steering Group