To ask Her Majesty's Government how many Suspicious Activity Reports have been received by the Serious Organised Crime Agency from the 12,409 bookkeepers who have registered with HM Revenue and Customs under the Money Laundering Regulations 2007 (SI 2007/2157). [HL2959]
Suspicious activity reports (SAR) statistics are maintained by the Serious Organised Crime Agency (SOCA). These are not broken down into SARs submitted by businesses under a particular supervisor. According to the SOCA annual report between October 2008 and September 2009 there were 228,834 SARs of which 6,390 were from accountants and 96 from tax advisors.
HM Revenue and Customs (HMRC) have adopted the anti-money-laundering guidance for the accountancy sector issued by the Consultative Committee of Accountancy Bodies. This is the guidance that bookkeepers, tax advisers and accountants required to register with HMRC are directed to use.
This guidance has been drafted by the accountancy industry. HMRC was consulted on the drafting of the guidance and has had input into its contents. The guidance is approved by HM Treasury.
In addition, HMRC has also published on its website simplified guidance for all the businesses they supervise.