Source · Select Committees · Treasury Committee
Recommendation 30
30
Paragraph: 141
The National Crime Agency is right to focus on Suspicious Activity Reports as a priority,...
Conclusion
The National Crime Agency is right to focus on Suspicious Activity Reports as a priority, and we welcome the much-needed investment in new IT systems and the plans for increasing staff and analytical capacity. The SARs reform programme is likely to improve anti-money laundering systems and the ability of law enforcement Economic Crime 75 agencies to handle large numbers of SARs quickly and effectively, so as to make full use of them in the fight against economic crime and organised crime more generally.
Paragraph Reference:
141
Government Response
A response document is linked to this report, dated 28 April 2022. Response attribution to this conclusion has not been verified. Read the response document ↗