Banks are providing by far the greatest number of suspicious activity reports (SARS) to the UK’s National Crime Agency (NCA) according its latest report which features statistics covering the years 2020-21 and 2021-22.

The agency’s 2022 Suspicious Activity Report (SARs) Annual Report also shows that a new record was set in the last financial year, with the NCA receiving and processing 901,255 SARs, a 21 per cent increase on the previous year.

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