Statutory Instruments
2025 No. 877
PROCEEDS OF CRIME
The Proceeds of Crime (Money Laundering) (Threshold Amount) (Amendment) Order 2025
Made
10th July 2025
Coming into force
31st July 2025
Citation, commencement and extent
1.—(1) This Order may be cited as the Proceeds of Crime (Money Laundering) (Threshold Amount) (Amendment) Order 2025.
(2) This Order comes into force on the day which falls 21 days after the day on which it is made.
(3) This Order extends to England and Wales, Scotland and Northern Ireland.
Variation of threshold amount
2. In section 339A of the Proceeds of Crime Act 2002 (threshold amounts)—
(a) in subsection (2), for “£1,000” substitute “£3,000” ;
(b) in subsection (6A), for “£1000” substitute “£3,000” .
Dan Jarvis
Minister of State
10th July 2025
Home Office
2002 c. 29. Section 339A was inserted by section 103(1) and (5) of the Serious Organised Crime and Police Act 2005 (c. 15). Section 339A was amended by section 32(1) and (5)(a) of the Financial Services Act 2021 (c. 22). Section 339A(2) was amended by S.I. 2022/1355. Section 339A(7) was amended by section 182(1) and (5)(c) of the Economic Crime and Corporate Transparency Act 2023 (c. 56). Section 459(6)(a) was amended by section 103(1) and (7) of the Serious Organised Crime and Police Act 2005.
Section 339A(6A) was inserted by section 182(1) and (5)(b) of the Economic Crime and Corporate Transparency Act 2023 (c. 56).