Key takeaways from the report include:
➡️ SARs submitted to the National Crime Agency rose by 1.5% to 827,048;
➡️ £240.1m were denied as the result of a defence against money laundering request;
➡️ 406 defence against terrorist financing were received, a 19% increase on the previous year; and
➡️ 8 SAR breaches were identified in the period.
✅ Teams responsible for SAR reporting should ensure submissions are comprehensive, accurate, and of high quality to enable decisive action.
AML/CTF/CPF
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