ICAEW.com works better with JavaScript enabled.

AML Thematic Review 2025

Suspicious activity reports

We asked a sample of firms about SAR training, policies and procedures, the role of the nominated officer, levels of SAR reporting, reasons for suspicion and areas where firms would appreciate further guidance or clarity.

Read the report Watch the accompanying webinar

Inside the report

star

SARs training

star

Use of SARs and quality reporting

star

Reasons for reporting SARs

star

Key reflections

star

Our top guidance

Guidance on good quality SARs and their use

Find out what information helps the UK Financial Intelligence Unit to progress a SAR and the key attributes of a good quality/useful SAR.

Read the guidance

Suspicious activity reports aren’t just a regulatory requirement, they’re vital in protecting the profession and the public.

Sandy Price AML Manager, Quality Assurance, Professional Standards, ICAEW