The Terrorism Act 2000 and Proceeds of Crime Act 2002 (Amendment) Regulations 2007
These regulations implement, in part, Directive 2005/60/EC of the European Parliament and of the Council of 26th October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing (“the Directive”). The regulations give effect to Chapter 3 of the Directive. Schedule 1 to the regulations makes amendments to the Terrorism Act 2000. Schedule 2 to the regulations makes amendments to the Proceeds of Crime Act 2002.