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Version date: 29 June 2021 - onwards
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32. Money laundering offences: electronic money institutions, payment institutions and deposit-taking bodies

(1) Part 7 of the Proceeds of Crime Act 2002 (money laundering) is amended in accordance with subsections (2) to (6).

(2) In section 327(2C) (conversion or transfer of criminal property: exceptions), after "deposit-taking body" insert ", electronic money institution or payment institution".

(3) In section 328(5) (arrangements: exceptions), after "deposit-taking body" insert ", electronic money institution or payment institution".

(4) In section 329(2C) (acquisition, use and possession: exceptions), after "deposittaking body" insert ", electronic money institution or payment institution".

(5) In section 339A (threshold amounts) -

(a) in subsection (2), after "deposit-taking body" insert ", electronic money institution or payment institution",

(b) in subsection (3), in the opening words, after "deposit-taking body" insert ", electronic money institution or payment institution",

(c) in subsection (3)(a), for "deposit-taking body's" substitute "body's or institution's",

(d) in subsection (

Comparing proposed amendment...