Section 339 of the Proceeds of Crime Act 2002 (POCA) makes provision that the Secretary of State may prescribe the form and manner of reporting suspicions of money laundering. At present this power has not been used which means that persons making such reports may use any form and manner they choose.
The Home Office has issued a Consultation Document entitled Tackling Money Laundering - Suspicious Activity Reports: Prescribed form and manner (the Paper). The Paper sets out proposals on the form and manner for reporting suspicious activity under section 339 of POCA. The deadline for comments on the consultation is 22 October 2007.
View Tackling Money Laundering - Suspicious Activity Reports: Prescribed form and manner, 31 July 2007