Information and guidance on requesting a DAML.
Information and guidance on requesting a DAML
A DAML can be requested when a person has suspicion that property they intend to deal with is criminal in some way and that by dealing with it, they risk committing an offence under POCA (2002). For example if a firm wishes to transfer client money to another account and they have concerns over the source of the funds.
There is more information on the NCA website including:
- Requesting a defence under POCA and TACT and:
- Defence Against Money Laundering (DAML) FAQs which provide further information on the process.
Guidance for insolvency practitioners
Urgent queries regarding DAML requests can be emailed to DAML@nca.gov.uk
Fast-track defence against money laundering lane opens for insolvency practitioner
Practitioners who take on urgent insolvency cases will be prioritised for AML defence under a new agreement secured by the ICAEW.
- Fast-track defence against money laundering lane opens for insolvency practitioner
- Read the guidance
Webinar recording: DAMLs and Tipping Off
Watch our webinar to find out when to submit a Defence Against Money Laundering and what constitutes Tipping Off.
