Subjects:

Banking and Finance, Criminal Law

The recent Crime Proceeds Act 2003 makes it necessary for all Accountancy firms to employ a Money Laundering Officer (MLRO). This title is the most authoritative text available on this increasingly important subject.

Money Laundering Reporting Officer's Handbook provides a step-by-step guide for the MLRO and their responsibilities under the Proceeds of Crime Act 2003. The Money Laundering Reporting Officer's Handbook covers:-

• appointing an MLRO
  
• detection, reporting preventing money laundering
  
• the need for accountancy firms to set up internal systems to avoid this activity
  
• a break-down of the Crime Proceeds Act 2003 and its implications and compliance
  
• staff training, client identification and record keeping
  
• appendices of all the relevant legislation and relevant reporting form