DAML threshold increased to £3,000 

On 31 July 2025, the Proceeds of Crime Order came into force, raising the threshold in Section 339A of the Proceeds of Crime Act (POCA) from £1,000 to £3,000.

This threshold applies to:

• The exit and pay away exemption for all reporters.
• The operating an account exemption for financial services.

The increase allows regulated entities to carry out certain activities involving criminal property valued below £3,000 without committing a money laundering offence under POCA.

The change aims to help law enforcement focus on higher value, higher risk reports, improving asset denial and disrupting serious criminal activity.

It forms part of a broader ‘dial-down’ strategy on systems prioritisation announced by the NECC and FCA.