The Proceeds of Crime Act 2002 (Failure to Disclose Money Laundering: Specified Training) Order 2003
This Order specifies training for the purposes of section 330 of the Proceeds of Crime Act 2002. If a person has not been provided by his employer with the specified training, he may have a defence to the offence in section 330 of failure to disclose money laundering by a person in the regulated sector. The defence only applies where the employee does not actually know or suspect that another person is engaged in money laundering, but would still commit the offence by virtue of having reasonable grounds for knowing or suspecting that another person is engaged in money laundering.