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A person also commits an offence where:

1. Ìý

   (a)ÌýÌýÌýÌý he knows or suspects, or has reasonable grounds for knowing or suspecting, that another person is engaged in money laundering (see A7.102)

2. Ìý

   (b)ÌýÌýÌýÌý the information or other matter on which his knowledge or suspicion is based, or which give reasonable grounds for such knowledge or suspicion, came to him in the course of a business in the regulated sector (see below)

3. Ìý

   (c)ÌýÌýÌýÌý he can identify the other person mentioned in (a) or the whereabouts of any of the laundered property, or he believes (or it is reasonable to expect him to believe) that the information or other matter mentioned in subsection (b) will or may assist in identifying that other person or the whereabouts of any of the laundered property, and

4. Ìý

   (d)ÌýÌýÌýÌý he does not make the required disclosure as soon as is practicable after the information or other matter comes to him¹

Note that the notification of information sharing by regulated sector businesses to the National Crime Agency