Author: Syedur Rahman 8 July 2022
Rahman Ravelli’s Syed Rahman wrote a piece summarising the authorities’ approach to money laundering.
In the article, he explains what constitutes money laundering. He also details the most significant aspects of the UK’s Proceeds of Crime Act 2002, which covers money laundering, and the main implications of the European Union’s money laundering directives.
Syed writes about the money laundering obligations that businesses face and explains how the suspicious activity report (SAR) regime works.
He concludes by emphasising that a money laundering investigation can span a number of countries, involve a number of enforcement agencies and touch on other areas of law.
His article was published by Credit Management magazine, the publication of the Chartered Institute of Credit Management.
Syedur Rahman is known for his in-depth experience of serious fraud, white-collar crime and serious crime cases, as well as his expertise in worldwide asset tracing and recovery, international arbitration, civil recovery, cryptocurrency and high-stakes commercial disputes.