How to submit a good Suspicious Activity Report (SAR)
Regulated financial services firms are required to submit a Suspicious Activity Report (SAR) in respect of information that comes to them in the course of their business. They must do so if they know, suspect, or have reasonable grounds for knowing or suspecting that a person is engaged in, or attempting, money laundering or terrorist […]
Best Practices in Merchant Onboarding and Monitoring
Merchant onboarding is one of the most important procedures most firms can face. As a result, there are many risks that can arise from this practice. Responsible firms will have protocols and best practices in place to ensure that merchants can be onboarded and then monitored as easily and as safely as possible. Create an […]
