Is one SAR always enough?

If your organisation is wholly based in the UK and only has UK clients then you submit any suspicious activity reports (SARs) to the National Crime Agency (NCA). However, with many organisations operating across borders, knowing to which financial intelligence unit (FIU) you need to send a SAR is not always straightforward. One might expect the answer to be found in legislation, but legislation can actually complicate matters and lead to sending SARs to multiple FIUs in the interests of self-preservation. Gary Evans of Follow The Money considers the options.