Most money laundering SARs not referred to police (LSG)
The proposed implementation of Reservation Agreements has been high on the Government’s agenda in a bid to reduce the risk of fall throughs across England and Wales.
Most money laundering SARs not referred to police (LSG)
Businesses submitted almost half a million suspicious activity reports (SARs) in 2018-19 – but the majority of reports regarding potential money laundering were never referred to law enforcement.