Serious Organised Crime
The Agency (SOCA), are there to receive reports about serious money laundering issues and all practicing professionals have to abide by the Money Laundering Regulations.
That's why you need your passport when opening a bank account or dealing with accountants, solicitors or even financial advisors.
We are trained to be aware of specific sensitivities, such as dealings with iffy countries; large sums of cash; or politically exposed persons (Para 4 Sch2 of the Regs).
If you don't make a report to SOCA about a Money Laundering issue then you are in potentially serious trouble with SOCA and your professional body. We get lots of guidance on the issue, with examples:-
reported by her accountants over her Capital Gains Tax bill, and probably every other MP who has admitted errors and has offered to repay the money is effectively admitting that they are in the same situation, by admitting they deliberatley took tax-free cash, to which they were not entitled, and that should have appeared on their tax returns as a benefit (rather than being omitted as non-taxable)
Is there a dock big enough to hold all the accused MPs? If not, can we build one now?
That's why you need your passport when opening a bank account or dealing with accountants, solicitors or even financial advisors.
We are trained to be aware of specific sensitivities, such as dealings with iffy countries; large sums of cash; or politically exposed persons (Para 4 Sch2 of the Regs).
If you don't make a report to SOCA about a Money Laundering issue then you are in potentially serious trouble with SOCA and your professional body. We get lots of guidance on the issue, with examples:-
4 Completion of tax returns does not involve money laundering, does it?Looks like Hazel Blears is going to have to be
Money laundering is very widely defined in the Proceeds of Crime Act 2002 (PoCA) and the Money Laundering Regulations 2003 (MLR). Tax evasion inevitably involves money laundering because when a person ‘saves’ tax by evasion he commits a criminal offence by making a false tax return and a money laundering offence by failing to pay the full amount of tax which is properly due.
reported by her accountants over her Capital Gains Tax bill, and probably every other MP who has admitted errors and has offered to repay the money is effectively admitting that they are in the same situation, by admitting they deliberatley took tax-free cash, to which they were not entitled, and that should have appeared on their tax returns as a benefit (rather than being omitted as non-taxable)Is there a dock big enough to hold all the accused MPs? If not, can we build one now?
5 comments:
Can we ask Brenda to dissolve parliament and force a general election,as the MPs have brought her government into disrepute.. all those with prosecutions pending would be barred from standing.....well we can dream!
Have we had the brown envelope story yet or is that still to come?
Is Yates of the Yard on holiday, until this story broke the police were regular visitors to the House. It is true, there's never a policeman when you want one!
with regard to your last question - Angus, Shirley you mean gallows?
maybe he went for "bl" but pressed "d" by mistake? (2:14)
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