Anti-Money Laundering and Terrorism Financing: Reforming the Reporting Regimes

Anti-Money Laundering and Terrorism Financing: Reforming the Reporting Regimes
Date
06 Jul 2018, 08:45 to 06 Jul 2018, 17:15
Type
Conference / Symposium
Venue
IALS Council Chamber, Institute of Advanced Legal Studies, 17 Russell Square, London WC1B 5DR
Description


You are invited to the Law Commission’s free symposium:

Anti-Money Laundering and Terrorism Financing: Reforming the Reporting Regimes

This event is by invitation only. 

The symposium aims to generate ideas on how to reform the regimes to optimise the prevention, detection and prosecution of money laundering and terrorism financing in the UK.

Marking the launch a Law Commission consultation paper, the event will bring together up to 100 anti-money laundering and counter-terrorism financing professionals. These include experts from law enforcement officers and supervisory authorities, advisers to in-house reporting officers and expert lawyers and academics.

Join us to be part of the discussion.

See the agenda here

Book your place now using the booking button at the bottom of this page.

The Law Commission is an independent body which keeps the law under review and recommends reform where needed. Over the past 50 years more than two thirds of its recommendations have been accepted or implemented in whole or part. 

The Law Commission’s review

The Law Commission has been invited by the Home Office to review the anti-money laundering regime in Part 7 of the Proceeds of Crime Act 2002. And the counter-terrorism financing regime in Part 3 of the Terrorism Act 2000.

The review focuses on the legislative provisions underpinning the reporting of money laundering and terrorism financing. In particular the seeking of consent to proceed with suspicious transactions.

The review will focus on the consent provisions in:

• 2002 Act: sections 327 to 329 and sections 335, 336 and 338.
• 2000 Act: sections 21 to 21ZC

The review will also consider the disclosure offences in sections 330 to 333A of the 2002 Act. And sections 19, 21A and 21D of the 2000 Act.

The review aims to analyse and produce proposals addressing the problems with the anti-money laundering and counter-terrorist finance reporting regimes.

This is event is sponsored by: Institute of Advanced Legal Studies and LexisNexis Risk Solutions

Book your place now

Contact

IALS Events Office
ials.events@sas.ac.uk
020 7862 5800