Added value: London law enforcement on SARs

Everyday an officer will read the Moneyweb electronically filed suspicious activity reports (SARs) received by the City of London Police, Detective Inspector David Manley, Head of its Money Laundering Investigation Unit, told delegates to the Second Anti-Money Laundering Professionals Forum for 2006 at the end of September. In the last three months, the force had handled 650 SARs, “so it’s a full-time job,” said Manley. “Everything you give us is used,” he noted, or pushed out to another law enforcement agency. “This did not always happen in the past,” Manley acknowledged. “If I receive a SAR for another agency, I can’t send it back to SOCA,” he said. It is up to the City of London Police to send it on.