R. v Afolabi == re. s329 mention some of the factsThen conclude with test in Geary on part 7 and then further anaylsis on the extentof the act in stages of ML. Scope - http://www.criminallawandjustice.co.uk/clj-reporter/R-v-Geary-2010-EWCA-Crim-1925 Arguments that â€œcriminal propertyâ€ definition needs to be revised â€“ Article:A suitable case for treatment: money laundering and knowledge Secondly, Liability arises if alleged money launder knows â€“ see online book discussion between Hudson and Forston page 11 and 12 - cases Thirdly, Drafted to cover every conceivable offence - cases Mens rea - cases Supplementary money laundering offences - The â€˜failure to reportâ€™ offences & Tipping off As mentioned above banks and other financial institutions facilitate the three stages of money laundering, as such it is crucial to obtain the co-operation of those institutions who are essential for money laundering to occur at all. Section 330 and 331 of POCA create two new offences of failing to make a â€˜required disclosure as soon as practicableâ€™ after suspicion of money laundering is or ought to have been aroused. The term â€˜requiredâ€™ qualifies the disclosure in order to emphasise that the failure to report is a criminal offence. Slaughter and May â€“ unregulated sector The Terrorism Act 2000 and related provisions The Money Laundering Regulations 2007 The Money Laundering Regulations 2007 require â€˜relevant personsâ€™ to operate their business in accordance with specified systems and procedures designed to combat money laundering and the finance of terrorism. The potential criminal liability laid out by the Supplementary money laundering offences discussed above together wit the regulatory requirements under the 2007 Regulations has caused the financial sector to introduce wide-ranging processes and procedures to ensure that its officers and employees fulfil these disclosure obligations and hence that they do not fall foul of the criminal sanctions. The FSA Handbook Problems posed to banks by money laundering control Conclusion I [student number] declare that this piece of work contains # words. Bibliography Articles Shula de Jersey of Russell Jones & Walker (2011). â€œWide but not unbounded â€“ the definition of criminal propertyâ€ Money L.B. 2011, 186, 17-18. Money Laundering Bulletin CL& J (2011) â€œKnowingly submitting a dishonest claimâ€ C.L. & J. 2011, 175(6), 78-79. Criminal Law & Justice Weekly Kenneth Murray, (2012) "A suitable case for treatment: money laundering and knowledge", Journal of Money Laundering Control, Vol. 15 Iss: 2, pp.188 - 197 Books Ellinger, E.P and Lomnicka, E and Hare, C.V.M Banking Law (Oxford University Press) The Law relating to financial crime in the United Kingdom / Karen Harrison and Nicholas Ryder - Hudson, Law of Finance (first edition, 2009, Sweet & Maxwell) - Encyclopaedia of Banking Law (available via Lexis Library) - Paget's Law of Banking (available via Lexis Library) Legalisation Proceeds of Crime Act 2002 Money Laundering Regulations 2007/2157 Other http://www.airant.it/pdf/MLB%20Sept%202011_0.pdf [Accessed 03 March 2014] http://www.criminallawandjustice.co.uk/clj-reporter/R-v-Akhtar-2011-All-ER-D-214-Jan [Accessed 03 March 2014] http://www.criminallawandjustice.co.uk/clj-reporter/R-v-Geary-2010-EWCA-Crim-1925 [Accessed 05 March 2014] http://www.emeraldinsight.com/journals.htm?issn=1368-5201&volume=15&issue=2&articleid=17031335&show=html [Accessed 05 March 2014] Cases Allen v Gold Reefs of West Africa  1 Ch. 656
 Ellinger, E. P.  Modern Banking Law: Oxford University Press. pp92  Including banks, financial entities regulated by the Financial Conduct Authority such as accountants, lawyers, estate agents, traders in high value goods, casino operators.  s327 POCA 2002  s328 POCA 2002  s329 POCA 2002  POCA 2002, s.340(3)  See provisions extending the meaning of â€˜benefitâ€™ in s.340(5)-(8)(including pecuniary advantageâ€™) and those as to â€˜propertyâ€™ (s.340(9)).  No restrictions are placed on the â€˜predicate offenceâ€™, as long as the conduct generating the property is regarded as an offence in any part of the UK, thus it does not need to be an offence in the country in which it is committed.  R v Geary  EWCA Crim 1925  Lord Justice Elias in Amir and Akhtar  Lord Justice Moore-Bick in R v Geary  S.I. 2007/2157 (as amended by S.I. 2007/3299 and S.I. 2009/209, in force on 15 December 2007 and replacing the 2003 Regulations.  Reg 3 â€“ Application of the Regulations  More usually called â€˜reportingâ€™.