Defence Against Money Laundering Offences

Accusations of committing a money laundering offence are extremely serious and can lead to very severe punishments and sanctions. JMW has defended businesses of all kinds, as well as individuals, against money laundering charges, and we have unrivalled expertise among business solicitors in this area.

Get in touch with our money laundering defence solicitors today if you are facing these allegations. Contact us by calling 0345 872 6666 or fill out our online enquiry form and we will be in touch. 

About Money Laundering

Money laundering refers to the process by which individuals or businesses disguise the original ownership and control of the proceeds of criminal activity by making these proceeds appear to have derived from a legitimate source. The definition of money laundering in the UK is wider than many other countries, and both businesses and individuals can be prosecuted for money laundering if handling the proceeds of a crime.

Not all money laundering cases involve cash, and prosecutions can be made relating to other assets. There is no minimum monetary value involved in this type of case.

Money laundering can be achieved by three processes:

  • Placement - placing the proceeds of a crime
  • Layering - hiding proceeds from their criminal origin through ‘layering’ transactions
  • Integration - creating a legitimate explanation for the proceeds

The Proceeds of Crime Act changed how the authorities dealt with money laundering and introduced new criminal offences specifically aimed at those assisting offenders who were disguising the origins of their cash. This legislation meant that it became an offence to conceal, disguise, convert, transfer and remove criminal property from England and Wales or to be concerned in any arrangement that facilitates money laundering. It is also classed as an offence to acquire, use or possess criminal property.

In addition to this, it was considered important to ensure that vulnerable businesses were not used to launder money, which led to the introduction of the Money Laundering Regulations 2007. These regulations require some businesses to have systems in place to prevent money laundering, and also ask that they report any suspicious activities. If these rules are not followed, these organisations could also face civil penalties and prosecution.

There are various pieces of legislation concerning money laundering offences that are enforceable in the UK. These include:

  • The Terrorism Act
  • The Proceeds of Crime Act
  • The Anti-terrorism, Crime and Security Act
  • The Serious Organised Crime and Police Act
  • Specific Money Laundering Regulations 

Why Choose JMW?

We have represented clients throughout the UK, including Manchester and London. We are non-judgemental, thorough and will passionately fight for your corner. Our aim is to provide the best defence possible and, thanks to our years of experience in this area of law, we have a high success rate in this type of case.

If you have been accused of money laundering, our solicitors can help by:

  • Gathering all the evidence obtained by investigating bodies
  • Speaking to witnesses to get full and frank statements
  • Consulting with external professionals, such as accountants and auditors
  • Explaining all your options in a clear and concise manner 

Talk to Us

Contact our money laundering solicitors today and we can discuss your situation in more detail. If you or your company is subject to investigation, we will move quickly to defend you. Contact us today by calling 0345 872 6666 or fill out an online enquiry form and we will be in touch. 

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