SARs

Conveyancing

Drop in suspicious activity reports among legal professionals

Recent statistics show a decrease in Suspicious Activity Reports by legal professionals, underscoring the importance of vigilant anti-money laundering practices in the property sector.

29 Apr 2024

Featured

SmartSearch develops Source of Funds solution to combat illegal activity

As part of a risk-based approach, regulated firms are advised to verify the source of funds when carrying out financial transactions for clients.

14 Sep 2023

Featured

Last year saw 21% increase in Suspicious Activity Reports produced by property professionals, research reveals

Credas Technologies research found that while 2021/22 saw these reports increase by 21.4% - there has been a substantial 94.3% increase since 2017/18.

26 May 2023