In the drive to cut off funding for terrorist activity, control of money laundering activity has risen high on the government’s agenda. The Money Laundering Regulations 2003, enforced on 1 March 2004, expand the regulator’s already-wide powers. Failure to comply with anti-money laundering provisions carries not only severe financial penalties but also serious criminal sanctions for directors personally. The 2003 Regulations require regulated companies to ensure they put in place proper identifying, recording and reporting procedures appoint a Money Laundering Reporting Officer make staff aware of the regulations and the Act; and provide proper training. Given the severity of the sanctions, it is essential that you are aware of your obligations. Using flowcharts, diagrams, checklists and bullet points, this timely and user-friendly manual shows you how to comply fully and effectively. This book is indispensable for MLROs, directors, compliance officers, risk officers, finance directors and accountants, company secretaries and all those within the regulated sector. With its uniquely practical approach and hands-on guidance, it should be the first port of call for all those wanting to understand the regulations and the guidance notes. Bazley, Maxwell and Foster bring experience and inside knowledge of the regulations and potential pitfalls in practice, and provide simple tips to help companies avoid liability for money laundering.