Central Bank & FIU Reporting Module (SAR & CTR Reports)
CB & FIU Reporting module, developed by CubeIQ, enchases Prime Compliance Suite™ reporting capabilities by introducing multiple file formats as well as a number of new reports. The module also covers SAR requirements by Central Banks (such as BOG) and FIU.
Multiple file formats support.
Delivery of regulatory reports in electronic format supporting most popular file formats such as Microsoft™ Word™, Adobe™ Portable Document Format – PDF and OpenOffice™ Write™ file formats. Each file type internal structure has been defined by the corresponding regulatory agencies and the equivalent creation mechanism has been embedded inside Prime Compliance Suite™ reporting engine by integrating Central Banks & FIU Reporting module.
Bank of Greece – BOG reporting.
Bank of Greece is the AML supervisory authority for the Greek Banking system.
The first release of BOG official suspicious activity report - SAR, named as "Foreas Report", was supporting the creations of SARs with one bank account.
This new reporting module release supports SARs with multiple accounts reporting in one document. During report creation the user has two options:
- to generate the report presenting the transactions per account and per transaction category or
- to generate the report presenting the transactions from different accounts consolidated under the same category (per transaction category, per account)
Financial Intelligence Unit – FIU reporting.
Financial Intelligence Unit is the AML supervisory independent authority of the Greek State.
This new reporting module release supports SARs based on FIU report creation and transportation specifications as defined in FIU’s web sites.