§ Mr. Austin MitchellTo ask the Secretary of State for the Home Department if he will list the incidents of money laundering referred to the National Criminal Intelligence Service during 1996–97, indicating the sources of information and the number of referrals about and from(a) accountants and (b) lawyers. [14784]
§ Mr. MacleanThe total number of disclosures of suspicious financial transactions made to the National Criminal Intelligence Service under the money laundering legislation so far in the present financial year is 11,610. Disclosures have been made by:
- Accountants and solicitors
- Banks and building societies
- Bureaux de change
- Credit/payment companies
- Financial regulators
- Gaming organisations
- Independent financial advisers
- Insurance companies
- Motor groups
- Others1
1 Sources which individually make up less than 0.2 per cent. of the total number of disclosures and which are not recorded separately.
NCIS does not record the profession of individuals to whom financial disclosures relate. However, of the total number of financial disclosures received, accountants have submitted 44 and solicitors 217.