As one of the leading serious fraud firms in UK, Bark & Co regularly have to advise their clients on the implications of money laundering charges which often accompany investigations and prosecutions of fraud. UK legislation is wide ranging and recent changes to the law have increased the likelihood of money laundering charges being pursued vigorously by the authorities. The team at Bark & Co are experts in the interpretation of the law and in particular the parameters open to the prosecuting authorities in respect of money laundering charges.

1. London, United Kingdom
BARK & CO SOLICITORS

2. Money Laundering
 As one of the leading serious fraud firms in UK,
Bark & Co regularly have to advise their clients
on the implications of money laundering charges
which often accompany investigations and
prosecutions of fraud. UK legislation is wide
ranging and recent changes to the law have
increased the likelihood of money laundering
charges being pursued vigorously by the
authorities. The team at Bark & Co are experts in
the interpretation of the law and in particular the
parameters open to the prosecuting authorities
in respect of money laundering charges.

3. Money Laundering
 In the UK, primary legislation on money
laundering includes the Terrorism Act 2000, the
Anti-Terrorism Crime & Security Act 2001, the
Proceeds of Crime Act 2005 and the Serious
Crime and Police Act 2005. Secondary legislation
comprises Money laundering Regulations 2003
and 2007. These increasingly stringent
regulations put the onus on businesses to ensure
that certain controls are in place to prevent them
being used for money laundering purposes
including customer due diligence measures and
internal controls and monitoring systems.

4. Money Laundering
 In the UK, primary legislation on money
laundering includes the Terrorism Act 2000, the
Anti-Terrorism Crime & Security Act 2001, the
Proceeds of Crime Act 2005 and the Serious
Crime and Police Act 2005. Secondary legislation
comprises Money laundering Regulations 2003
and 2007. These increasingly stringent
regulations put the onus on businesses to ensure
that certain controls are in place to prevent them
being used for money laundering purposes
including customer due diligence measures and
internal controls and monitoring systems.

5. Money Laundering
 Bark & Co frequently has cases under way where our clients are
facing both fraud and money laundering charges. In one such
recent example the FSA and City of London Police had mounted
a combined operation into a large boiler room fraud based
overseas. This case has been singled out as a good example of
the increasing scale and prevalence of this type of fraud and
demonstrates how international operations are being used to
bypass the UK financial regulations and authorities to launder
money abroad. In another fully contended, cut-throat trial, our
client was implicated in a conspiracy to defraud a bank of more
than £200M, setting up several offshore accounts to money
launder the proceeds of the fraud. In all cases, Bark & Co set out
to ensure that our experience and expertise is carefully matched
to client requirements, utilising the best legal counsel where
necessary to achieve the best outcome.

6. Contact Us:
 14 New Bridge Street, London, EC4V 6AG
 contact@barkco.com
 + (44)020 7353 1990
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