Tag Archives: Money Laundering Offence

The Forfeiture of Property under Anti-Money Laundering Act of 2004 (Published)

Purpose: The purpose of this Article is to set out and to examine the forfeiture of property in Anti-Money Laundering Act of 2004. Design/methodology/approach: This Article’s methodology relies on doctrinal legal research, using a ‘black-letter law approach. Relying on doctrinal legal research has enabled us to analyse statutory provisions of the forfeiture of property under Anti-Money Laundering Act of 2004. Research Question: This Article posts the question: What Property is involved in Money Laundering Offences that is subject to forfeiture under Anti-Money Laundering Act of 2004. Originality/value: This Article contributes to the literature in identifying the property involved in money laundering offences, Financing of crime and terrorist financing, Structuring transactions offence, Reporting obligation offence, and cash transaction reports offence, that is subject to forfeiture.

Keywords: Anti-Money Laundering Act of 2004, Forfeiture, Money Laundering Offence, Property Involved