Money laundering offences—tipping off and prejudicing an investigation


Published by a UUÂãÁÄÖ±²¥ Corporate Crime expert
Practice notes

Money laundering offences—tipping off and prejudicing an investigation


Published by a UUÂãÁÄÖ±²¥ Corporate Crime expert

Practice notes
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Tipping off and prejudicing an investigation

It would undermine the benefit to the authorities if, a suspicious activity report (SAR) having been made, the alleged offender were to be made aware of the interest in their activities so that they could take steps to cover up their misdeeds or disappear. To combat this, Proceeds of Crime Act 2002 (POCA 2002) contains the separate offences of 'tipping off' and 'prejudicing an investigation'.

The offences of tipping off and prejudicing an investigation share common features but are aimed at distinctly different offending actions. The tipping off provisions apply only to the regulated sector and are triggered where the individual who knows or suspects a disclosure (or SAR) has been made under POCA 2002, s 337 (protected disclosure) or POCA 2002, s 338 (authorised disclosure) (see Practice Note: Authorised disclosure, protected disclosure and appropriate consent).

The prejudicing an investigation offence is more general in its application and is directed at an individual with knowledge of the existence of an investigation of various types.

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United Kingdom
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Key definition:
Money laundering definition
What does Money laundering mean?

money laundering or the use or process of taking the proceeds of criminal activities and making them appear legal is an activity which bankers are required to prevent and report under certain regulations.

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