How to submit an effective Suspicious Activity Report (SAR)
Webinar recorded live on
Recent high profile criminal and civil prosecutions have once again highlighted the attraction of real estate to individuals seeking to launder the proceeds of criminal activity. Therefore the need for agents to be vigilant when it comes to the sale of property are greater than ever, and as a result understanding your legal obligations and the process for reporting suspicious transactions is critical.
We were joined by Jerry Walters, Founder of FCS Compliance, who has over 25 years of experience within financial crime in law enforcement and the private sector. He has investigated and lead the prosecution of countless serious and complex fraud and money laundering cases, and his expertise as a specialist AML trainer and practitioner is well-recognised by leading organisations and industry associations across the UK.
Here’s what Jerry covered to help better prepare you;
What exactly are Suspicious Activity Reports (SARs) and why they are necessary
The scale and role you play when it comes to the filing of a SAR
Who are the National Crime Agency and what is their role when it comes to AML