Suspicious Activity Reporting
Protecting your business against money-laundering
Businesses in regulated sectors (including financial institutions) must submit a Suspicious Activity Report (SAR) to the National Crime Agency (NCA) if they suspect that a customer or client is engaged in, or attempting money laundering or terrorist financing.
Submitting a SAR protects you and your organisation from the risk of money laundering and breaches of proceeds of crime legislation.
How we can help
We can help you:
- Identify the red-flags that trigger submission of a SAR
- Prepare detailed reports, which are processed quickly and submitted to the FIU. Poor quality reporting can lead to unnecessary delays.
- Submit your SARs to your FIU, like the UK NCA.
- Train your staff on preparing SARs and the protocols they need to adhere to
Compliance safety-net
With our teams’ extensive experience in compliance, we’ve developed a keen eye for spotting red flags. You’ll receive the benefit of our experience and have peace of mind that suspicious activity is identified and reported.
Reduce your admin burden
SARs can be time-consuming. Free up management time with a trusted consultant doing it for you.
Protect your business
Submitting a SAR can protect your business against financial crime.
