Topics covered in the series include:
➡️ Defining SARs and why they need to be submitted;
➡️ Glossary codes;
➡️ Reasons for suspicion;
➡️ Best practice for the criminal or terrorist property section;
➡️ Best practice for the prohibited act section; and
➡️ What happens after a defence against money laundering or terrorist financing is submitted.
✅Firms should review their SAR procedures, ensuring the approach, structure, and content of submissions aligns with the best practice highlighted in the video series.
AML/CTF/CPF
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