32 Money laundering offences: electronic money institutions, payment institutions and deposit-taking bodies
Financial Services Act 2021 (2021 c 22) | Legislation

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 “deposit-taking 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),

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