... as Suspicious Activity Report (SAR). This action is described by FATF Recommendations 20 (FATF, 2012/2023), on reporting of suspicious transactions, which establishes the legal obligation for financial institutions to transmit cases deemed suspicious to the Financial Intelligence Units. The second...

...Simon D. Norton Purpose This study aims to evaluate the advantages and disadvantages of auditor mandatory suspicious activity reporting versus the exercise of professional judgement in the anti-money laundering regimes of the UK and the USA. Design/methodology/approach The research draws upon...

... experienced by compliance officers in Jersey to detect and report suspicious money laundering activities and the decision-making criteria of actually submitting a SAR. Regulation Compliance Anti-money laundering compliance Moral intensity Suspicious activity report The purpose of this paper...