Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

Compliance, Financial Crime, Financial Services

Number of suspicious activity reports identified by German FIU in 2020 rises by 25%

Germany

By Elizabeth Hearst for AMLi

The number of suspicious activity reports filed to the German Financial Intelligence Unit rose by 25% in 2020, with “significantly more” SARs filed from non-financial entities.

It’s believed that 144,000 reports were filed to the watchdog last year, with 25,000 cases forwarded by the FIU to law enforcement. 

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!