Suspicious Activity Reporting Seminar

The Commission and the Financial Intelligence Service will be holding a co-sponsored seminar entitled “Suspicious Activity Reporting (SAR): Trends, Tips, Analysis and Engagement” on Thursday 8 May 2014.  The purpose of the seminar is to provide industry, particularly Money Laundering Reporting Officers, with information in relation to SARs.

The following areas will be addressed as part of this seminar:

1.      The law surrounding SARs and new changes to legislation,

2.      Best practice in relation to the preparation of SARs and the use of THEMIS,

3.      Regulation 15 and the Commission’s expectations relating to firm’s compliance arrangements regarding SARs, and

4.      On-site AML/CFT visits and the Commission’s role in tackling, with industry, vulnerable areas identified by SARs.

This will be followed by a brief question and answer session.

Invitations will be sent by email to licensed Entities with further information on the sessions including timings.

Questions regarding the event should be sent to Callum McVean at [email protected]/* */ or Ben Looijenga  at [email protected]/* */ at 01481 712706.