Suspicious Activity Reports (SARs)

NCA’s UKFIU May 25 SARs Reporter Booklet highlights how SARs triggered asset freezes and forfeitures, uncovering links to shell companies, drug proceeds, and fraud – recovering over £800K in one case

by AdrianaAMLP | May 30, 2025

Investigations revealed connections to shell companies, excessive gambling, nominee directors, and individuals with criminal backgrounds. Asset freezing orders (AFOs) and forfeitures followed, often recovering tens or hundreds of thousands of pounds. One case involved...

NCA’s UKFIU SARs exposes £10m Mini Umbrella Company fraud, highlight rising illicit finance through Hawala networks amid record Organised Immigration Crime and tracing difficulties

by AdrianaAMLP | Apr 21, 2025

In its second issue of the year, the bulletin features insights from the NECC PPP team on strengthening collaboration, and UKFIU guidance on the variability of DAML SAR responses. It also explores organised immigration crime, shares SAR case studies showcasing...

NCA’s Annual SARs report shows a 1.5% rise in submissions to 827,048, £240.1m denied via DAML requests, a 19% increase in DAFT SARs – underlining the need for accurate, high-quality reporting

by AdrianaAMLP | Mar 28, 2025

The introduction of a higher DAML threshold and the new SARs Digital Service is improving operational efficiency, enabling law enforcement to more effectively tackle money laundering and related criminal activity. The UKFIU’s SARs Annual Report also highlights...

NCA UK FIU calls for the private sector to include keywords like wildlife, endangered, trafficking, and exotic animals in SARs to improve detection of Illegal Wildlife Trade (IWT)

by AdrianaAMLP | Feb 24, 2025

The UKFIU highlights efforts to combat Illegal Wildlife Trade through initiatives like Project Anton, Europol partnerships, and the Egmont Group’s environmental crimes project. FIs are urged to enhance SARs detection for IWT-related transactions and also addresses the...

FinCEN imposes $37m civil money penalty against Brink’s Global Services USA, for BSA violations over bulk cash shipments lacking effective AML controls

by AdrianaAMLP | Feb 8, 2025

Brink’s failed to register as a money services business, lacked an effective AML program, and did not file suspicious activity reports. These violations enabled hundreds of millions in bulk currency to be transmitted across the Southwest Border for high-risk entities,...

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NCA’s UKFIU May 25 SARs Reporter Booklet highlights how SARs triggered asset freezes and forfeitures, uncovering links to shell companies, drug proceeds, and fraud – recovering over £800K in one case

NCA’s UKFIU SARs exposes £10m Mini Umbrella Company fraud, highlight rising illicit finance through Hawala networks amid record Organised Immigration Crime and tracing difficulties

NCA’s Annual SARs report shows a 1.5% rise in submissions to 827,048, £240.1m denied via DAML requests, a 19% increase in DAFT SARs – underlining the need for accurate, high-quality reporting

NCA UK FIU calls for the private sector to include keywords like wildlife, endangered, trafficking, and exotic animals in SARs to improve detection of Illegal Wildlife Trade (IWT)

FinCEN imposes $37m civil money penalty against Brink’s Global Services USA, for BSA violations over bulk cash shipments lacking effective AML controls

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