Commons Sense

House of Commons · Written Ministerial Statement

Consultations seeking views on changes to the Proceeds of Crime Act 2002 Codes of Practice

29 June 2022 · Home Office

Proposed by Damian Hinds Con East Hampshire

Crime & Law EnforcementJustice & Courts

Summarised by AI from the official record, so it can contain mistakes.

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At a glance

Key points

  • The statement addresses updates and consultations for the Codes of Practice under the Proceeds of Crime Act 2002 following changes made by the Economic Crime Transparency and Enforcement Act 2022.
  • Consultations will be launched to seek views on updating the Investigations Code of Practice and a separate consultation by the Attorney General on guidance for prosecutors.
  • Another consultation will be held on changes to support cryptoasset recovery following the introduction of the Economic Crime and Corporate Transparency Bill.

Issue summary

The statement addresses updates and consultations for the Codes of Practice under the Proceeds of Crime Act 2002 following changes made by the Economic Crime (Transparency and Enforcement) Act 2022.

Action requested

Consultations will be launched to seek views on updating the Investigations Code of Practice and a separate consultation by the Attorney General on guidance for prosecutors. Following the introduction of the Economic Crime and Corporate Transparency Bill, another consultation will be held on changes to support cryptoasset recovery. The updated Codes of Practice will then be laid before Parliament.

Key facts

  • The EC(TE) Act commenced on 15th May 2022.
  • Consultations will cover the Investigations Code of Practice and a prosecutor guidance code issued under POCA.
  • A further consultation on cryptoasset recovery powers is planned post-Economic Crime and Corporate Transparency Bill introduction.
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