Money Laundering Policy
Summary: The Proceeds of Crime Act 2002, The Terrorism Act 2002 and the Money Laundering Regulations 2007, impose obligations on the University in respect of money laundering and associated activities. The definition of money laundering activities under the above legislation is wide and all companies and institutions, including the University, are subject to the legislation. Non-compliance with this legislation carries financial and reputational penalties for both the University and its staff.
The purpose of this policy is to ensure that the University and its staff comply with the legislation, and are aware of their respective obligations.
Category: Finance and Financial Procedures
Directorate of Finance
This document requires CAS authentication
Last modified: 16/12/2022
Link to this document:
Edit (only Administrators)