Rachael Hyde AML and Sanctions Analyst Suspicious Activity Reporting Rachael Hyde AML and Sanctions Analyst

Suspicious Activity Reporting (SAR) If you determine that an activity may be suspicious you should report it immediately! Where is the SAR Policy and SAR form located? Intrinsic Gateway 1. Go to resource centre 2. Go to Financial Crime then Awareness Examples of what could be reported Benefit Fraud - when someone obtains state benefit they are not entitled to or deliberately fails to report a change in their personal circumstances. Fraud - an act of deception intended for personal gain or to cause a loss to another party Impersonation Fraud - when someone takes another persons identity to perform fraud or other criminal act Money Laundering – Money obtained from certain crimes, such as extortion, insider trading, drug trafficking, illegal gambling and tax evasion. Tax Evasion - Tax evasion often entails taxpayers deliberately misrepresenting the true state of their affairs to the tax authorities to reduce their tax liability and includes dishonest tax reporting, such as declaring less income, profits or gains than the amounts actually earned, or overstating deductions Large amounts of cash coming from or going to a high risk country no reasonable explanation 3. Click on Suspicious Activity Reporting 4. Open SAR Form Useful contacts; Sharon Trinder – Head of Financial Crime Anti Money Laundering Reporting Officer T: 01793 647409  Rachael Hyde Annette Storey  T: 01793 645807 T: 01793 647412 Jodie Reynolds Lindsay Palfreeman T: 01793 647489 T: 01793 645801

How to submit a SAR reporting form – action steps: Things to remember 1. The SAR must be raised as soon as you are suspicious. 2. The ultimate decision to report is yours and you should not be influenced by another person’s views. 3. Once the report has been submitted, no further discussions with anyone, except as advised by the Financial Crime Team, are permitted. Note: Tipping off is a criminal offence in most countries 4. Do not indicate your suspicions on the customer’s file or attach the SAR form to the file. 5. Please ensure that the SAR has all of the relevant details and is clear and descriptive (do not use jargon). Step 1: Obtain a SAR form from the Intrinsic Gateway or contact the Financial Crime Team directly Step 2: Send the completed SAR form to the following email address ‘URU@intrinsicfs.com. Within the email’s subject write the client’s name. If you determine that an activity may be suspicious you should report it immediately