Source · Select Committees · Treasury Committee
Recommendation 34
34
Paragraph: 144
The effectiveness of SARs might be increased if banks are permitted to share information with...
Recommendation
The effectiveness of SARs might be increased if banks are permitted to share information with the National Crime Agency and other law enforcement agencies, before the suspicion threshold required under existing anti-money laundering legislation is reached.
Paragraph Reference:
144
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 ↗