SAR and STR Reporting Table of Contents


Table of Content
 

Money Laundering Basics

  • What is Money Laundering?
  • Process of Money Laundering
  • Money Laundering Methods
  • Politically Exposed Persons
  • Money Laundering – Case Studies
  • Prevention of Money Laundering Act, 2002 (PMLA)
  • RBI Guidelines regarding AML
  • AML-KYC International Legislation and Cooperation
  • Money Laundering Risks
  • Money Laundering Risk Assessment
  • The three lines of defence

CFT Basics and Relevance

  • What is a Financial Crime?
  • What is Combating the Financing of Terrorism (CFT)?
  • Process of Combating the Financing of Terrorism (CFT)
  • Combating the Financing of Terrorism (CFT) International Initiatives
  • Money Laundering and CFT
  • Financial Intelligence Units (FIUs)
  • Information Sharing under FATF Recommendations

SAR/ STR Reports and Relevance

  • What is a SAR (Suspicious Activity Report)?
  • SAR International Regulations
  • What is STR (Suspicious Transaction Report)
  • Suspicious Activity vs. Suspicious Transaction
  • SARs / STRs Relevance
  • Transaction Monitoring Basics
  • Suspicious Transaction Indicators or Red Flags
  • Name Screening
  • STR Reporting
  • SAR Reporting
  • Time to Submit STR/SAR to FIU
  • FIU-IND’s Cash Transaction Reporting (CTR)
  • FIU-IND’s Counterfeit Currency Reporting (CCR)
  • FIU-IND’s Account Based Data Files
  • FIU-IND’s Transaction Based Data Files
  • Using Microsoft Excel for Suspicious Transaction and Activity Detection

Writing Effective SAR Narrative

  • How to writing effective SAR/STR Narrative
  • Developing Complete and Sufficient SAR
  • STR/SAR Report Essential Components
  • SAR Narrative Structure
  • Tips for Effective SAR Writing
  • SAR/STR Report Filing Challenges
  • SAR/STR Report Filing Do’s and Don’ts
  • SAR/STR Report Submission

Post-SAR

  • Suspicion Evaluation and Confirmation
  • Who Should Create SAR Reports?
  • Documenting Reporting Decisions
  • SAR/STR Confidentiality
  • STR Decision-Making Process
  • Closing or Freezing the Account
  • Communicating with Law Enforcement on STRs

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https://www.vskills.in/certification/accounting-banking-and-finance/sar-str-reporting-certificate

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