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Drug Trafficking Act 1994

Concealing etc the proceeds of crime: Under s 327 to conceal, disguise, convert, transfer or remove criminal property from the jurisdiction is an offence. This includes to concealing etc its nature, source, location, disposition, movement, ownership or any rights in relation to it. S 38 provides defences. It says that it is not an offence if the person concerned has made a protected disclosure, usually to the National Criminal Intelligence Service, and has been given consent to continue to act. S 340 (3) defines 'Criminal property' as being someone's benefit from criminal conduct where the alleged offender knows or suspects that it represents such benefit.
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The Global Detection

Once both of these have been carried out and a photocopy of the document concerned has been placed on file the identity checking requirements have been met. However, it should be borne in mind that any crook who wants to launder money will have no difficulty at all in satisfying the requirement that they produce such documents. They will either fake or real documents in the name they are using. This is not a reason for being careless about checking identity, but it does not mean that possession of proof is not a reason for lower a firm's guard when it comes assessing the suspicious activity of a client.
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