Record suspicious activity reports (SAR)

What are suspicious activity reports?

Practices must have internal reporting procedures that enable employees to disclose their knowledge of suspicions of money laundering or terrorist financing (MLTF) to the MLRO.

It's an offence if someone who knows or suspects that MLTF has taken place does not report their concerns to their MLRO (or, in exceptional circumstances, straight to the NCA). 

A Suspicious Activity Report (SAR) must be created where there is knowledge or suspicion of money laundering by a client. A SAR can be created directly from the client record.

1. Go to Clients > Client List, then find the required client.

2. From Action, select New Suspicious Activity.

   

3. Enter a Title for the suspicious activity, then record the Detail.

4. You can upload any related Documents by selecting the plus icon.

5. Once you're happy with the report, select Submit. The report is then listed in the Suspicious activity widget.

If escalated, the UK Financial Intelligence Unit (UKFIU), sited within the National Crime Agency (NCA), receives, analyses and distributes the financial intelligence gathered from SARs.

Want to know more

• View and deal with a Suspicious Activity Reports (SAR)
• Update a suspicious activity report