The current system will be decommissioned later this year
Suspicious activity reports (SARs) alert law enforcement to potential instances of money laundering or terrorist financing. SARs are made by financial institutions and other professionals such as accountants, solicitors and estate agents and are a vital source of intelligence not only on economic crime but on a wide range of criminal activity.
They provide information and intelligence from the private sector that would otherwise not be visible to law enforcement.
To improve the reporting process and make it easier for reporters in the UK, the UK Financial Intelligence Unit has developed a new SAR portal that went live on 18 September 2023. The current SARs online system will be decommissioned later this year.
Any reporting organisation yet to register for the new portal should do so from this point.
To prepare you on how to register for and use the new SAR portal, the UK FIU has provided additional supporting materials and user guides below.
For the new SAR portal, two user guides, two video guides and a FAQs document have been developed. The guidance materials have been created to help you get ready to use and familiarise yourself with the new SAR portal.
Guides:
Videos:
FAQs: