New SARs Reporter Booklet

IPA Insolvency Practitioner newsletter AML Digest, September 2023

Contents

• David Holland, Chief Inspector and IPA Money Laundering Reporting Officer
• Spotlight on AML and Fraud (CPD: 5h)
• Reminder: High-risk countries for money laundering purposes: Enhanced Due Diligence
• Proliferation Financing
• New SARs Glossary Code & Reporting Routes Guidance
• The Economic Crime (Anti-Money Laundering) Levy (Amendment) Regulations 2023
• SARs in Action
• Updated guidance on submitting better quality Suspicious Activity Reports
• AASG/NCA alerts
• Regulatory update for Insolvency Practitioners: Importance of reviewing updates to the OFSI Sanctions List
• OPBAS – Supervisory Report 2022/23 and the Supervisory Regime consultation
• AML supervision
• The Insolvency Practitioners (Amendment) Regulations 2015 – Regulation 3
• New SARs Reporter Booklet

Please be aware that a new SARs Reporter Booklet has been issued by the National Crime Agency (NCA).

The aim of the booklet is to:

• Share perspectives on the use of SARs with regime participants
• Share and encourage best practice amongst reporters
• Provide a feedback mechanism about the operation of the regime

Access the booklet here.