Accordance search group code#

code of practice issued under section 339ZL to the Proceeds of Crime Act 2002 and section 22F to the Terrorism Act 2000 about certain Information Orders.This consultation seeks views on the code: This consultation seeks views on one code issued by the Home Secretary, which provides guidance to the Director General of the National Crime Agency or an authorised National Crime Agency officer. It is also intended that the additional Information Order powers will be replicated in Part III to the Terrorism Act 2000 (TACT).īoth POCA and TACT provide that before a code of practice is issued, the relevant authorities must prepare and publish a draft they must consider any representations made and modify the code as appropriate and they must lay a draft of the code before Parliament for approval. For clarity, the title of ‘Further Information Orders’ in this part of POCA, will be replaced with ‘Information Orders’. It will also assist the NCA with strategic analysis identifying trends or patterns in the conduct of money laundering or terrorist financing, or systemic deficiencies or vulnerabilities which have been or are being likely to be, exploited for the purposes of money laundering or terrorist financing. Subject to its commencement, the ECCT Bill will make amendments to Part 7 to POCA to create additional Information Order powers that will assist the National Crime Agency (NCA) with operational analysis of information that is relevant to money laundering or suspected money laundering and/or terrorist financing or suspected terrorist financing. The operation of certain powers within POCA are subject to codes of practice issued by the Home Secretary, the Attorney General and the Advocate General for Ireland, the Department of Justice Northern Ireland, and Scottish Ministers.Ī new code of practice needs to be made to reflect possible changes made to POCA by the Economic Crime and Corporate Transparency Bill (ECCT Bill). The Proceeds of Crime Act 2002 (POCA) contains a comprehensive legal framework for the investigation and recovery of the proceeds of crime.

Accordance search group