6. The Money Laundering and Terrorist Financing (Amendment) Regulations make some limited but very important to changes to the law contained in the Proceeds of
6. "The Money Laundering and Terrorist Financing (Amendment) Regulations make some limited but very important to changes to the law contained in the Proceeds of Crime Act 2002". a) Explain money laundering offences, according to the Proceeds of Crime Act 2002 and the additional offences which apply to the regulated sector. (7 marks) b) Explain the impact of the expansion of the definition of the regulated sector under the Money Laundering Regulations and the obligations the regulations have imposed. (18 marks)
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