SCHEDULES

SCHEDULE 7U.K.Terrorist financing and money laundering

Part 7U.K.Enforcement: offences

Prosecution of offencesU.K.

33(1)Proceedings for an offence under this Schedule may be instituted in England and Wales only by—U.K.

(a)the [F1FCA] ;

(b)the Director of Revenue and Customs Prosecutions;

(c)the OFT;

(d)a local weights and measures authority; or

(e)the Director of Public Prosecutions.

(2)Proceedings for an offence under this Schedule may be instituted in Northern Ireland only by—

(a)the [F2FCA] ;

(b)HMRC;

(c)the OFT;

(d)DETINI; or

(e)the Director of Public Prosecutions for Northern Ireland.

(3)In section 168(4) of the Financial Services and Markets Act 2000 (c. 8) (appointment F3... of persons to carry out investigation), after paragraph (b) insert—

“(ba)a person may be guilty of an offence under Schedule 7 to the Counter-Terrorism Act 2008 (terrorist financing or money laundering);”

(4)In section 402(1) of that Act (power of FSA to institute proceedings), omit the “or” before paragraph (b) and after that paragraph insert— “or

(c)Schedule 7 to the Counter-Terrorism Act 2008 (terrorist financing or money laundering).”.

(5)HMRC may conduct a criminal investigation into any offence under this Schedule.

(6)In sub-paragraph (5) “criminal investigation” has the meaning given by section 35(5)(b) of the Commissioners for Revenue and Customs Act 2005 (c. 11).