📚 Part 1: Key Criminal Laws in Finance

1. Which Act primarily deals with preventing the financing of terrorism in the UK?

The Bribery Act 2010

The Terrorism Act 2000

The Proceeds of Crime Act 2002

The Financial Services Act 2012

2. Money laundering involves three key stages. Which of these are correct? (Select all that apply)

Placement

Layering

Integration

Investigation

3. Under the Bribery Act 2010, what is the maximum prison sentence for bribery offences?

5 years

10 years

14 years

Life imprisonment

4. Financial institutions must report suspicious transactions above what threshold to the National Crime Agency?

£5,000

£10,000

£15,000

There is no minimum threshold

✏️ Part 2: Application and Analysis

5. Complete the sentence: The _____________ requires businesses to have adequate procedures in place to prevent bribery by associated persons.

Answer: _________________________________

6. Explain what 'tipping off' means in the context of money laundering regulations and why it is illegal.

7. A company director offers a £5,000 'facilitation payment' to a government official to speed up a licence application. Analyse whether this constitutes bribery under UK law.

🎯 Part 3: Case Study Challenge

8. Case Study: ABC Bank notices that a customer has made multiple cash deposits totalling £25,000 over three days, followed by immediate international transfers to different countries. The customer's normal account activity is around £500 per month.

a) What criminal activity might this indicate? ________________

b) What legal obligation does the bank have? _________________

9. Extension Activity: Research and explain how the Proceeds of Crime Act 2002 allows authorities to recover criminal assets. Include at least two specific powers granted under this Act.