Suspicion Reporting Workshop
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?
This 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.
Learning Outcomes
After attending this course, participants will be able to:
- Describe the UK SAR regime
- Manage and oversee an investigation into money laundering
- File a SAR with the appropriate authorities
Course Details
- 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 (DAML) situations
Delivery
Have the flexibility to deliver your In-House training in-person by one of our trainers at your premises, or virtually via Zoom, Teams or Webex.
Find out more about your Virtual or In-Person training experience below.
Virtual Delivery
Our virtual training courses are designed to be every bit as engaging as our in-person courses. To achieve this, our trainers use market-leading technology and a range of training techniques to ensure high levels of interaction with participants. Courses include the use of:
- Virtual ‘break-out’ rooms: participants are divided into virtual rooms to facilitate small group discussion.
- Polling: multiple-choice questions, answered anonymously, allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to highlight the practical application of theoretical knowledge.
- Messaging: participants can submit questions and comments, either to the whole group or privately to the trainer.
Additional Benefits:
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Recording: public course participants have the option to access a recording of the course for one month after the course. In-House clients also have the option to record their training for an additional fee.
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On-going Q&A: public course participants can access an ongoing Q&A facility allowing them to ask questions relating to the course.
In-Person Delivery
Our in-person training is delivered face to face at your offices, and includes:
- ‘In-the-moment’ questions & discussions: questions through conversations allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to explore practical application of theoretical knowledge.
- Q&A: participants can ask questions during training, either to the whole group or privately to the trainer.