UK: SAR DISCLOSURES IN CIVIL LITIGATION CASES

The Institute for Chartered Accountants in England & Wales has published information referring to a recent Home Office Circular on ‘Money laundering: the confidentiality and sensitivity of suspicious activity reports (SAR) in the context of disclosure in private civil litigation.  It is recommended that the new guidance should be read in conjunction with a 2015 Circular which sets out the standard procedures followed by the police, other law enforcement agencies and the NCA in relation to the disclosure of SAR.  It explained that the revised guidance sets out the steps that will help prevent SAR becoming disclosable in civil litigation cases. In particular, it helps to address the circumstances that arose from a civil case in 2019, where the court ordered that a SAR should be disclosed to the subject of that SAR as it was relevant to a breach of contract, breach of the Data Protection Act 1998 and defamation claim by a client.

https://www.icaew.com/technical/legal-and-regulatory/anti-money-laundering/uk-law-and-guidance/sars-disclosures-in-civil-litigation-cases

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s