Suspicious Activity Reporting (SAR) can be the key to piece together the Anti-Money Laundering (AML) mosaic in the battle against Money Laundering, Financing Terrorism and Proliferation Financing (ML/FT/PF). Mastering SAR compliance will help compliance professionals adhere to legal requirements and effectively counter money laundering and terrorist financing.
Our latest eBook is the go-to manual for Designated Non-Financial Businesses and Professions (DNFBPs) and Virtual Asset Service Providers (VASPs) to know:
Everything about SAR Compliance: Understanding the terms Suspicious Activity and Suspicious Activity Report
ML/FT Warning Bells: Red Flags that DNFBPs and VASPs must beware of to identify ML/FT/PF risks
When to file SAR: Instances that require DNFBPs and VASPs to file a SAR
Insights on the SAR filing system: A step-by-step procedural guide for DNFBPs and VASPs to navigate through the SAR filing process
Best practices around SAR filing: Identifying the key components that compliance officers must adopt for filing an effective SAR.
Optimising client relationships: Connect with the measures DNFBPs and VASPs can do post-filing SAR to carefully steer through the business relationship with the client that is included in the SAR
DNFBPs and VASPs can refer to this guide and equip themselves with the right skill set and advanced tools to fulfil their SAR filing requirements.
