Duties and responsibilities under the Proceeds of Crime Act 2002
This advice explains how operators can make sure they and their employees comply with their obligations under The Proceeds of Crime Act 2002 (POCA).
10 - Failing to report (nominated officer)
POCA creates an offence of failing to report suspicious activity (failure to disclose). Where a person nominated by the operator to receive disclosures fails to comply with the obligation to make a report to the NCA as soon as practicable after the information is received, that person is open to criminal prosecution.
The offence of failing to report is discussed in Failing to report (nominated officer) of this advice.Previous section
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After a report has been made
Last updated: 27 February 2023
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