Anti money laundering policy


2.1 Local authorities are not directly covered by the requirements of The Proceeds of Crime Act 2002 and the Money Laundering Regulations 2017 (as amended). However guidance from CIPFA indicates that they should comply with the underlying spirit of the legislation and regulations.

2.2 The council is committed to the highest possible standards of conduct and has therefore put in place appropriate and proportionate anti-money laundering safeguards and reporting arrangements.

2.3 This policy appoints Anti-Money Laundering Reporting Officer to comply with legislation and to oversee the reporting of suspicious activity and money laundering to the National Crime Agency.