CIMA has developed a template internal suspicious activity report to assist Members-in-Practice formalize the internal reporting process within their practices. The template should help add structure and standardize reports made internally by staff members to the MLRO. The MLRO remains responsible for submitting a Suspicious Activity Report (SAR) to the National Crime Agency (NCA) where there is knowledge or a suspicion that money laundering may be taking place.
The template provides space for the MLRO to record and justify their decision-making process on whether the matter reported internally is reported to the NCA or not.