Money Laundering: Review of the Reporting ... - Dematerialised ID

kpmg
Review of the regime for handling Suspicious Activity Reports
Report of recommendations
KPMG LLP
9.4.11 Law enforcement officers other than FIs within the FIU should be informed of the
existence of the Elmer terminal with their LEA FIU (through training and active
promotion by ECB and individual FIUs) in order that maximum use is made of the
available Elmer intelligence outside the LEA FIUs.
Completion Date: March 2004
Agency: ECB and LEAs
Recommendation 18: Monitoring LEA results and establishment of new service
level agreements (Report section 8.5)
9.4.12 New SLAs should be established between ECB and each of the LEAs to document their
various responsibilities under the new structure and approach.
Completion Date: September 2003
Agency: ECB and LEAs
9.4.13 ECB should monitor the performance of each LEA through their regular updates of
information on Elmer. The results of this monitoring should be used to provide feedback
on a quarterly basis to each LEA, and to allow the Task Force to assess the success of the
SAR regime.
Completion Date: December 2004
Agency: ECB and Task Force
Recommendation 19: LEA objectives to be set by the Home Office which impact
upon the use of SARs (Report section 8.6)
9.4.14 The Home Office should include tackling money laundering and confiscating the
proceeds of crime in the National Policing Plan, equivalent national plans for other nonpolice
LEAs, and in local objectives for individual LEAs.
Completion Date: Ongoing
Agency: Home Office
Recommendation 20: Use of information available through Elmer to advertise
successes of the SAR regime (Report section 8.7)
9.4.15 Data on the use made of SARs and the successes generated by LEAs should be used to
advertise the successes of the SAR regime.
Completion Date: Ongoing
Agency: Various Bodies
jo/fh/519 88