Secure-RAG

The supplied reporting information identifies five main regulatory report types: Suspicious Matter Reports (SMRs), Threshold Transaction Reports (TTRs), International Funds Transfer Instructions (IFTIs) / International Value Transfer Services (IVTSs) reports, Cross-Border Movement Reports (CBMs), and Annual Compliance Reports. The supplied material states that SMRs are filed when there are reasonable grounds to suspect a transaction or customer behaviour involves criminal activity, tax evasion, or proceeds of crime, with a stated timeframe of 24 hours for terrorism-related suspicions or 3 business days for other matters. TTRs are described as applying to physical cash transactions of $10,000 or more (or foreign currency equivalent). IFTI/IVTS reports relate to international funds transfers. CBMs relate to physical currency or bearer negotiable instruments of $10,000 or more moved into or out of the country. Annual Compliance Reports are described as yearly reports by regulated entities on their AML/CTF compliance.