http://www.mondaq.com/i_article.asp_Q_articleid_E_33943
Martin Webster
"Buried in the 179 sections and 17 schedules of the Serious Organised Crime and Police Act 2005 (SOCA) there are some important changes to the money laundering offences contained in Part 7 of the Proceeds of Crime Act 2002 (PoCA). Among other things, SOCA establishes the Serious Organised Crime Agency, popularly seen as a UK version of the FBI in the US. This new agency, due to become operational in April 2006, will take over the functions of the National Criminal Intelligence Service (NCIS) and the National Crime Squad which both have a particular role in the Government's anti-money laundering drive. And in sections 102 to 109, SOCA makes four changes to the PoCA money laundering offences which will be of interest to lawyers who have now been trying to make sense of the legislation for over a year"
