We declared November 2019 anti-money laundering month, bringing you the latest developments, and some shocking statistics.
For example, did you know less than 2% of Suspicious Activity Reports (SARs) last year came from accountants? Commander Karen Baxter, Head of Economic Crime for the City of London Police, says this is a sign accountants may be turning a blind eye towards money laundering.
To help you combat this, we looked at how to submit a SAR, and outlined your actual responsibilities as an accountant, so we’d hate for you to miss it…
Further reading on anti-money laundering:
- How to submit a Suspicious Activity Report
- Know your anti-money laundering responsibilities inside out
- Are you being duped? 10 signs of money laundering
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