Professional Documents
Culture Documents
Legal Provisions
Proceeds of Crime Act (2002)
A. Imposes duties on all gambling operators in UK to:
1.
make disclosures in prescribed form and manner
2.
obtain appropriate consent to do prohibited act, where appropriate
B. Money Laundering Offenses: The Prohibited Acts
I.
Done against UK
1. Concealing
2. Disguising
3. Converting
4. Transferring criminal property
5. Removing criminal property from UK
II. Entering into an arrangement which is known or suspected to
facilitate:
1. Acquisition
2. Retention
3. Use or control of criminal property by or on behalf of another
person
III.
C. Defense
To make an authorized disclosure to obtain the appropriate consent before
dealing with criminal property
D. The offences of money laundering and the duty to report under POCA apply in
relation to the proceeds of any criminal activity, wherever conducted,
including abroad, that would constitute an offence if it took place in the UK7.
However, a person does not commit an offence where it is known or believed,
on reasonable grounds, that the relevant criminal conduct occurred outside
the UK and the relevant conduct was not criminal in the country where it took
place and is not of a description prescribed by an order made by the
Secretary of State.
Suspicious Activity Report
A. POCA requires disclosure of information to the NCA by an operator either
directly by its employees or through the operators nominated officer.
B. When required to disclose
I.
(regulated sector/ remote or land-based casino)
1. If he or she knows or suspects, or has reasonable grounds for knowing
or suspecting that another person is engaged in money laundering.
Failure to make such disclosure is a criminal offense, which may be
committed negligently.
2. If information provided to him causes knowledge or suspicion that
another person is engaged in money laundering. Failure to make such
disclosure is a criminal offense, which may be committed negligently.
II.
B. Appropriate Consent
Where remote operators wish to make use of the defenses provided by
sections 327(2)(a), 328(2)(a) and 329(2)(a) of POCA where they believe
that by proceeding with a transaction with a British customer they will be
committing a prohibited act29, they should seek appropriate consent, in
accordance with section 335 of POCA, from the NCA.