[2013] EWHC 3000 (Ch)

The Proceeds of Crime Act 2002 s.333A(1) and s.333A(2) made it unlawful for a person to disclose not only the fact that a disclosure had been made to a relevant authority but also the information disclosed. Where a bank had reasonably believed that accounts were being used illegally or outside the agreed terms, it was entitled to rely on its terms and conditions which provided that in such circumstances it could refuse to transfer money from those accounts.

Ch D (Richards J)

17/07/2013