Instead its responsibilities have become part of those covered by the new NCA (National Crime Agency).
This means that if you haven’t already, you’ll need to change all of the references in your Anti-Money Laundering manual and training materials, and if necessary in your engagement letter/s and terms and conditions.
SAR’s (Suspicious Activity Reports) must still be reported online, but via the button in the top right hand corner of the NCA home page. The reporting page and format looks the same – it’s just the agency name that’s been changed. Please see this link.
About the author
Hayley Crawshaw is an independent Risk and Compliance Consultant for Law Firms. Her contact details can be found at www.celticcompliance.com