Know UK legislation.

[sash]

The 'money laundering' legislation in the United Kingdom, under Sections 327 to 340 of the Proceeds of Crime Act 2002 (PoCA), is wide-ranging and encompasses mere possession of criminal or terrorist property as well as its acquisition, transfer, removal, use, conversion, concealment or disguise.[5] In the UK 'money laundering' need not involve money (it relates to assets of any kind, both tangible and intangible, and to the avoidance of a liability) and need not involve laundering either (a thief's possession of the assets he himself stole is included). There is no lower limit to what has to be reported - a suspicious transaction involving a single £5 note may be required to be reported.

[url]http://en.wikipedia.org/wiki/Money_laundering#UK_legislation[/url]

[ParticleReality]

Thanks for the heads up Sash, this may come in handy.