Suspicious Activity Reports (SARs)

NCA’s 2025–26 SARs Annual Report reveals a 3% rise in SARs to 896,414 and a 15% increase in funds denied through the DAML regime to £440.8m, despite a 23% fall in DAML requests

by AdrianaAMLP | Oct 16, 2026

Despite the increase in funds blocked, DAML requests fell 23% to 44,553, following the July 2025 increase in the reporting threshold from £1,000 to £3,000. Requests for a Defence Against Terrorist Financing (DATF) rose 28% to 509, highlighting continued demand for...

NCA’s 2025–26 SARs Annexes show banks accounted for 760,376 SARs (84.8% of submissions), with financial services contributing 99,956; DAML requests fell 22.1%, while TF SARs rose to 1,187

by AdrianaAMLP | Oct 15, 2026

Virtual-asset reporting declined: cryptocurrency exchanges submitted 13,740 SARs, down from 14,153 in 2024–25. DAML requests fell by 22.1%, from 57,214 to 44,553. Banks remained the largest source, submitting 19,081 requests, followed by e-money and e-payment...

US Treasury imposes record $1.21bn in penalties on Bank of America for AML failures and sanctions violations

by AdrianaAMLP | Oct 13, 2026

FinCEN imposed a $1.2 billion penalty after the bank failed to report more than $5 billion in suspicious transactions, including activity linked to Chinese money laundering networks, potential narcotics trafficking and trade-based money laundering. The OCC separately...

FinCEN clarifies SAR confidentiality rules, allowing banks to discuss suspicious transactions, fraud concerns and a/c closures with customers, provided they do not reveal that a SAR was filed

by AdrianaAMLP | Sep 2, 2026

FinCEN and US banking regulators have issued a joint statement clarifying that SAR confidentiality requirements do not prevent banks and credit unions communicating with customers about the underlying facts, transactions and documents behind suspected fraud or other...

NCA’s UKFIU June 2026 SARs Reporter Booklet reveals over £800,000 in frozen illicit funds and a dismantled 40+ money mule network, exposing organised fraud, corruption, and ML cases

by AdrianaAMLP | Jun 18, 2026

Key interventions included £260,000 linked to bribery and corruption by a public-sector employee, over £200,000 seized in both a suspected kidnapping-related laundering case and an organised crime-linked vehicle sales business, and £60,000+ frozen from a suspected...

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NCA’s 2025–26 SARs Annual Report reveals a 3% rise in SARs to 896,414 and a 15% increase in funds denied through the DAML regime to £440.8m, despite a 23% fall in DAML requests

NCA’s 2025–26 SARs Annexes show banks accounted for 760,376 SARs (84.8% of submissions), with financial services contributing 99,956; DAML requests fell 22.1%, while TF SARs rose to 1,187

US Treasury imposes record $1.21bn in penalties on Bank of America for AML failures and sanctions violations

FinCEN clarifies SAR confidentiality rules, allowing banks to discuss suspicious transactions, fraud concerns and a/c closures with customers, provided they do not reveal that a SAR was filed

NCA’s UKFIU June 2026 SARs Reporter Booklet reveals over £800,000 in frozen illicit funds and a dismantled 40+ money mule network, exposing organised fraud, corruption, and ML cases

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