The aim of this Policy is to ensure that the legal principles introduced by the Proceeds of Crime Act 2002 and Money Laundering Regulations 2003 are upheld and complied with by us and our staff within all areas of the business.

Money laundering is the process in which criminally obtained money or assets are passed though legitimate sources in order to clean them, thereafter leaving them with no obvious links to criminal activity.


As a business we must take all reasonable steps to ensure that we do not engage or become involved with attempts to money launder.

In doing so we:

The Money Laundering Nominated Offer is ${officer_name} and they are responsible for:

All employees are also subject to the following obligations:

Becoming involved in or failing to report Money Laundering activity may be a criminal offence and you may be prosecuted personally.


In order to assist you in understanding the types of things that may represent a risk, we have listed some (non-exhaustive) examples below:


The Anti-Money Laundering Regulations provide specific controls in relation to any transactions (or group of transactions) which exceed £8,800.00. As a business however, we must ensure that we apply the same level of vigilance to all transactions.

We conduct checks to ensure that we have satisfied ourselves as to the identity of our customers, their owners (for companies) and any relevant third party.

We therefore will obtain:

  1. Photographic identification;

  2. Proof of address;

If a Third Party is making a payment to us on behalf of the customer, we must ensure that we know why this is, the source of the funds and establish the third party’s relationship to the customer.

A transaction should not be accepted from an unknown or unverified source.

If anything seems unusual or suspicious, immediately seek input from the Nominated Money Laundering Officer.


In the event that you become aware of or suspect that Money Laundering activities are occurring, you must report the same to the Nominated Money Laundering Officer immediately if possible but if not, within no more than 24 hours.

If for any reason you deem it not appropriate to report to the Nominated Money Laundering Officer (for example if your suspicion relates to them) you must report to your supervisor.

Your report must be in writing and will include:

You must not inform anyone else of your suspicion or of your report. Following your report, you will be advised if further steps are needed from you. You must not continue to make any further investigations yourself. If appropriate the Nominated Money Laundering Officer (or another senior member of staff) will report the matter to SOCA for investigation following an initial assessment by them. Any report to SOCA will be made within a timely manner.

Informing anyone you suspect to be involved of your suspicion or of any investigation may result in criminal prosecution.


In relation to all relevant transactions we will obtain, record and retain for a period of 5 years from the date of the transaction:

Details of all report, investigations and decision will also be retained for the same period.