000			01208cab a2200217 4500
001			ABS68418
008			041125n2004 000 0 eng u
035			_a(Sirsi) u128147
100			_aCottam, G.
245		4	_aThe laundering trap
260			_c2004
490			_aConstruction News _v(6893) 18 November 2004, 41(1)
520			_aClarifies the provisions of the Proceeds of Crime Act 2002 and Money Laundering Regulations 2003, which have confused lawyers and construction professionals alike. Lack of case law has added to worries about the rules. The regulations require anybody involved in a relevant business to have procedures by which to secure the identity of those with whom it enters into contract. Points out that those affected should assume that they have the duty to report suspected fraud to the National Criminal Intelligence Service. Highlights that the penalty for non-compliance includes a prison sentence of up to six months.
590			_aABS
650			_aPROCEEDS OF CRIME ACT 2002
650			_aMONEY LAUNDERING REGULATIONS 2003
650			_aMONEY LAUNDERING
650			_aNATIONAL CRIMINAL INTELLIGENCE SERVICE
690			_aMANAGEMENT-BUSINESS MANAGEMENT
942			_n0
999			_c74633 _d74633