On Dec. 6, BMA issued suspicious activities reporting requirement.
- Issued to confirm the reporting requirements for the Dec. 31, 2018 submission.
- All long-term insurers are required to complete the Schedule of Suspicious
Activity Reporting and Sanctions (indicated in the BSCR model as SAR & Sanc.)
- Insurers that write in force direct long-term business are to complete Schedule
of Anti-Money Laundering and Anti-Terrorist Financing (indicated in BSCR model).