Key Details

Duration: 3 Hours

Delivery method: In-house

Overview

A practical session, intended primarily for those MLROs who have never, or rarely, had to submit a SAR to the National Crime Agency (NCA). It will provide a clear and comprehensive answer to the question – “I’ve received an internal SAR, what do I do now?”

Who is this for?

The course is designed for Compliance, FCC and/or Audit staff within regulated firms who are involved in identifying and controlling AML and CTF risk. It is particularly suitable for junior Compliance staff (typically those with 1-3 years of experience) who wish to further develop their knowledge and professional skills.

  • Overview of the UK Suspicious Activity Report (SAR) regime
  • The requirement to file SARs
  • How to investigate suspected money laundering
  • How to file a SAR
  • How to handle consent situations
  • Describe the UK SAR regime
  • Manage and oversee an investigation into money laundering
  • File a SAR with the appropriate authorities.