On 19 November, the NCA published the latest annual report, saying that the year saw another record number of SAR, receiving and processing 573,085 (a 20% increase on the previous period of 478,437), with an 81% increase in requests for a defence against money laundering or terrorist finance (62,408). Over the year £172 million was denied to suspected criminals as a result of Defence Against Money Laundering (DAML) requests – up 31% on the previous year’s £132million and over 3 times the £52 million denied in 2017/18. The report also includes, for example, details of an additional £56 million that HMRC obtained through matching SAR with other data sets for criminal and civil intervention.
The report is at –
https://www.nationalcrimeagency.gov.uk/who-we-are/publications/480-sars-annual-report-2020/file
I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y
raytodd.blog 