WHO SHOULD WATCH
WHO SHOULD WATCH
Directors
Senior Managers
Frontline Staff
COMPLEXITY
COMPLEXITY
Introductory
Introductory
16 minutes
What is a Red Flag?
Why, when and how to monitor for a Red Flag?
What happens if you identify a Red Flag?
Responsibility for submitting a SAR.
How to submit a SAR?
Legally priviledged communication.
Tipping off.
Immunity from prosecution.
Follow up from the FIU.
Conduct following submission of a SAR.
LEARNING OUTCOMES
Introduction to Account & Transaction Monitoring
41
minutes
Introduction to Account & Transaction Monitoring
Learn about account and transaction monitoring at a high level. How to monitor for unusual activity, behaviour and transactions, the actions to take where they’re identified, and how to submit a suspicious activity report to the Financial Intelligence Unit. Also, learn the common issues we see with monitoring and reporting and how to avoid them.
In this course you will learn the following:
What is a Red Flag?
Why, when and how to monitor for a Red Flag?
What happens if you identify a Red Flag?
Responsibility for submitting a SAR.
How to submit a SAR?
Legally priviledged communication.
Tipping off.
Immunity from prosecution.
Follow up from the FIU.
Conduct following submission of a SAR.