Suspicious activity reports by staff at financial firms exceeded one million during 2019-20

FCA data

clock • 2 min read
The figure has risen 16% over the past three years
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The figure has risen 16% over the past three years

Suspicious activity reports submitted by staff at financial firms, have been steadily increasing in number year-on-year since 2017, according to data from the FCA.

The regulator's report Financial Crime: analysis of firms' 2017-2020 has revealed that staff have increasingly been reporting suspicious occurrences involving illicit financial activity to internal staff...

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