AFB Training: SARs (Suspicious Activity Reports) Compliance Certificate

By registering, you agree to your details being shared with the course provider, GCAL, in order to access the learning management system required to complete the course. Payment in full is required before course commencement.

The AFB SARs (Suspicious Activity Reports) Compliance Certificate is a new online programme for AFB members. The course is an on-demand (pre-recorded) instructor-led learning programme designed for risk professionals who are required to create SARs, investigate and manage reports, and report to the NCA (National Crime Agency).

The Certificate focuses on the practical applications of the content which members can use in their day-to-day roles. It will be delivered in partnership with Great Chatwell Academy of Learning (GCAL), who have delivered the successful AFB Financial Crime Compliance Diploma course.

AFB members have exclusive priority access to the course for six months and are offered a 15% discount.

Course participants can expect to benefit from:

• Five learning modules (each module lasts one hour) with up-to-date content;
• Delivery via online and on-demand instructor-led learning, which can be completed at the learner’s convenience;
• Modules that include structured learning and case-study analysis;
• End of module MCQ (multiple choice questions) assessment that will confirm understanding;
• On successful completion of all assessments, participants will receive the AFB SARs Compliance Certificate awarded in association with the University of Gloucestershire.

Who should attend?

• All regulated financial and non-financial employees
• SAR investigators
• Nominated officers and their deputies
• MLRO’s and their deputies
• Internal auditors

Course modules:

1. Introductions and defining the risk
2. Crime typologies, ‘Think like a criminal’
3. UK and International legal and regulatory responsibilities for corporates and regulated individuals
4. Managing the risks – what it looks like
5. Reporting and escalating the risks

By the end of this programme, you will be able to:

• Explain why SARs are important.
• Define the personal and corporate responsibility to report suspicion or knowledge.
• Explain key terms including unusual activity, objective and subjective suspicion and knowledge, and ‘consent’.
• Know when to report, and how to report confidently including meaningful intelligence, according to proscribed requirements.
• Manage post-reporting risks including the risks of tipping off, prejudicing an investigation, constructive trusteeship and the relationship with customers during periods of ‘consent’