Internal suspicious activity report—SAR—form
Internal suspicious activity report—SAR—form

The following Practice Compliance precedent provides comprehensive and up to date legal information covering:

  • Internal suspicious activity report—SAR—form

Internal suspicious activity report—SAR—form

This internal suspicious activity report (SAR) form is intended to make the process of submitting SARs to the nominated officer as easy as possible. It is not intended to be time-consuming and should not be a daunting process.

However, you do not have to use this form to make a suspicious activity report.

If you would rather have an initial, informal conversation with the nominated officer, either to help decide whether a formal SAR should be submitted, or for help in making a formal SAR, you are very welcome to do so.

Note that a report to the nominated officer (in whatever form) is the only way to ensure your personal position is protected under the Proceeds of Crime Act 2002, if your suspicions turn out to be correct.

SAR Reference Number:[Insert number]

(nominated officer use only)

A record of this Suspicious Activity Report (SAR) will be kept by the nominated officer for at least five years.

You can use this form in every case where you know or suspect that another person is engaged in money laundering or terrorist financing or where you have knowledge or suspicion of:

—bribery or corruption

—fraud

—slavery or human trafficking

—organised crime group involvement, or

—tax evasion facilitation

If you are unsure as to whether you have such a suspicion, please do not use this form but instead seek guidance

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