My job needs me to uphold client or employer confidentiality. Can I be sued by my client or employer if I lodge a Suspicious Transaction Report (STR)?

Question

Accepted Answer

When you file a Suspicious Transaction Report (STR), the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act provides that the disclosure shall not be treated as a breach of any restriction imposed by law, contract or rules of professional conduct. You are also not liable for any loss arising from such disclosure.

This information is sourced from SPF-STAGING

My job needs me to uphold client or employer confidentiality. Can I be sued by my client or employer if I lodge a Suspicious Transaction Report (STR)?

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