Protecting adviser businesses from fresh money laundering risk

In a ruling made earlier this summer, the UK Court of Appeal decided in R (World Uyghur Congress) v National Crime Agency that the decision by the National Crime Agency (NCA) to refuse to investigate the import of cotton into the UK value chain from the Xinjiang Uyghur region was unlawful. Crucially, the Court of Appeal overturned a widely held interpretation of the money laundering offences in the Proceeds of Crime Act 2002 (POCA).  This case involved supply chains where the raw materials were processed using slave labour and so, has obvious implications for all those involved in the...