Proceeds of Crime Act 2002 (POCA)
Authorised disclosure
Form and manner to be prescribed
Generally
Made before offence: seven-day notice period
Defences
Disclosure
Overseas conduct not lawful in country concerned
Definitions
Criminal conduct
Criminal property
Generally
Money laundering
Property
Implications for tax advisers
Money laundering offences
Acquiring, using or possessing criminal property
Being concerned in an arrangement
Concealment
Defences
Failure to report suspicion
Generally
Penalties
Those of major concern to tax advisers
Tipping-off
Nominated officer's role
Tax advisers
Being concerned in arrangements
Generally
Implications for
Reporting suspicions