The value of SARs
The value of SARs is wide-reaching. SARs intelligence has been instrumental in locating sex offenders, tracing murder suspects, identifying subjects suspected of being involved in watching indecent footage of children online and showing the movement of young women being trafficked into the UK to work in the sex industry.
Some SARs provide immediate opportunities to stop crime and arrest offenders, others help uncover potential criminality that needs to be investigated, while others provide intelligence useful in the future. All contribute to the UK’s strategic threat assessment.
Information provided through SARs such as contact details, alias identities, investment activity, bank accounts and other assets can lead to the instigation of new investigations or enhance on-going operations.
SARs can help identify changes in the nature or prevalence of types of organised crime e.g. mortgage and boiler room frauds. This enables detection and prevention activity including the issue of alerts to businesses at risk from such activity.
Multiple SARs on the same subject or company can identify new targets for operational activity. Information leads to the recovery of the proceeds of crime by assisting in restraint orders, confiscation orders and cash seizures.
SARs provide intelligence about criminal methods, contribute to the UK’s understanding of crime and inform strategies to reduce the impact of crime.
SARs can also help establish a geographical picture or pattern of the vulnerability of a particular sector or product, and can be used in the analysis of suspicious activity before and after a specific event such as a terrorist incident.
Who can make a SAR?
Persons working in the regulated sector are required under Part 7 of the Proceeds of Crime Act 2002 (POCA) and the Terrorism Act 2000 to submit a SAR in respect of information that comes to them in the course of their business if they know, or suspect or have reasonable grounds for knowing or suspecting, that a person is engaged in, or attempting, money laundering or terrorist financing.
However, even if you are not in the regulated sector, you may have an obligation to submit a SAR. You may commit an offence if you have ‘knowledge’ or ‘suspicion’ of money laundering activity or criminal property, do something to assist another in dealing with it, and fail to make a SAR.
If you're unsure if your firm is in the regulated sector consult your regulator, professional body or trade association, or seek independent legal advice.
Submitting a SAR protects you, your organisation and UK financial institutions from the risk of laundering the proceeds of crime.
How SARs are used
A single SAR is often used multiple times by different users for different purposes. For example, the information within a SAR may inform HM Revenue & Customs about taxation, local police about fraud or theft and a government department about an issue or weakness in a financial product.
Our UK Financial Intelligence Unit (UKFIU) receives more than 460,000 SARs a year. SARs are stored on our secure central database, which currently holds over two million SARs. We analyse the SARs to extract strategic and tactical intelligence, identify the most sensitive SARs and send them to the appropriate organisations for investigation.
The remainder are made available to UK law enforcement bodies via a secure channel (with the exception of SARs in certain sensitive categories).
Make a SAR
The easiest way to submit a SAR is with the secure SAR Online system. SAR Online is free, negates the need for paper-based reporting, provides an instant acknowledgement and reference number (which manual reporting does not) and reports can be made 24/7. Online reports will also be processed more quickly, particularly if a defence against money laundering is sought.
- pdf UKFIU Appendix 1: Source Registration Document (95 KB)
- pdf UKFIU Appendix 2: Disclosure Report Detail (96 KB)
- pdf UKFIU Appendix 3: Subject Details (22 KB)
- pdf UKFIU Appendix 4: Additional Details (25 KB)
- pdf UKFIU Appendix 5: Transaction Details (23 KB)
- pdf UKFIU Appendix 6: Reason for Disclosure (24 KB)
- pdf UKFIU Appendix 7: Reason for Disclosure continuation (24 KB)
Guidance on making a SAR
The quality of a SAR can affect our ability to prioritise and process the report. It can also affect the relevant agency’s decision or ability to investigate. Include as much detail as you can, even if it seems irrelevant, as it could become a valuable piece of information.
Poor quality reporting can lead to unnecessary delays, particularly where a defence against money laundering has been sought, and can cause face-to-face problems with your client, customer or supplier. For further information please see the guidance notes in the UKFIU documents library below.
See the UKFIU document pdf Guidance on Submitting Better Quality SARs (203 KB) .
Request a defence under POCA and TACT
One of the core functions of the UKFIU is the receipt and processing of requests for a defence against money laundering or terrorism financing offences (otherwise known as ‘consent’, ‘appropriate consent’ or ‘prior consent’). The UKFIU receives over 22,000 such requests a year.
To request a defence please submit a SAR including all of the relevant information. This will enable us to analyse the request and, where necessary, seek advice from the relevant agency.
Please read pdf Requesting a defence under POCA TACT (204 KB) for further information.
Legal basis for reporting SARs
The UK’s anti-money laundering and counter terrorist financing network consists of primary and secondary legislation and industry guidance, designed to support Her Majesty’s Treasury, in accordance with Financial Action Task Force (FATF) international standards and EU Directives.
Those reporting to the UKFIU need to be aware of the ‘tipping off’ provisions (Section 333A-E of POCA) which makes it an offence, having submitted a SAR, to reveal information which is likely to prejudice any resulting law enforcement investigation.
It is a criminal offence in the UK to finance or facilitate the financing of terrorism and there are legal obligations to submit SARs as set out in Part III of TACT. There are offences for failing to make a disclosure under sections 19(2) and 21 of TACT.
SARs reporting in Northern Ireland
Part 7 of POCA applies throughout the UK; this aspect was not amended by Schedule 24, Crime and Courts Act (2013). Therefore POCA applies as it did before the NCA came into being. Notwithstanding other aspects of how the NCA operates in Northern Ireland, reports under Part 7 of POCA should therefore continue to be made to the UKFIU within the NCA.
SAR Confidentiality Breach Line
There is a dedicated helpline (0800 234 6657) for reporting sectors to raise any concerns about the inappropriate use of SARs (by end users) or breaches of SARs confidentiality.
This is a free number which operates 09.00 to 17.00 Monday to Friday. It should be used for reporting breaches of confidentiality only.
Contact the UKFIU
- pdf SARs Online User Guidance (1.14 MB)
- pdf Defence Against Money Laundering (DAML) FAQ - May 2018 (218 KB)
- pdf SARs Annual Report 2018 (521 KB)
- pdf Guidance on submitting better quality SARs (203 KB)
- pdf Guidance on reporting routes relating to vulnerable persons (90 KB)
- pdf Requesting A Defence Under POCA TACT (204 KB)
- pdf December 2018 SARs Reporter Booklet (197 KB)
- pdf Glossary codes (240 KB)
- pdf Incorrect use of SAR glossary codes (69 KB)
- pdf SAR Guidance notes (165 KB)
- pdf Submitting A SAR (154 KB)
- Home Office Circular 22/2015
- Home Office Circular on Consent (029/2008)
- Appendix 1 - Source registration document
- Appendix 2 - Disclosure report
- Appendix 3 - Subject details
- Appendix 4 - Additional details
- Appendix 5 - Transaction details
- Appendix 6 - Reason for disclosure
- Appendix 7 - Reason for disclosure continuation