Statements | SD | D | N | A | SA | M | |||||
F | % | F | % | F | % | F | % | F | % | ||
Banks have mechanisms for early detection and reporting of suspicious transactions to prevent financial crimes. | 7 | 8.1 | 10 | 11.6 | 13 | 15.1 | 37 | 43.0 | 19 | 22.1 | 3.593 |
There is uniformity in reporting standards to enhance international cooperation. | 29 | 33.7 | 28 | 32.6 | 10 | 11.6 | 7 | 8.1 | 12 | 14.0 | 2.360 |
There is timely reporting of suspicious transactions to comply with legal and regulatory requirements. | 17 | 19.8 | 39 | 45.3 | 8 | 9.3 | 12 | 14.0 | 10 | 11.6 | 2.523 |
All bank staff understanding red flags of suspicious transactions. | 8 | 9.3 | 12 | 14.0 | 36 | 41.9 | 12 | 14.0 | 18 | 20.9 | 3.232 |
Bank easily manage large volumes of suspicious transaction reports. | 22 | 25.6 | 42 | 48.8 | 5 | 5.8 | 11 | 12.8 | 6 | 7.0 | 2.267 |
Banks ensure prompt sharing of reports among regulatory authorities. | 27 | 31.4 | 37 | 43.0 | 2 | 2.3 | 10 | 11.6 | 10 | 11.6 | 2.290 |
Banks smoothly collaborate with regulatory authorities in sharing suspicious transactions. | 16 | 18.6 | 50 | 58.1 | 3 | 3.5 | 8 | 9.3 | 9 | 10.5 | 2.348 |
Bank customers effectively comply to reporting suspicious transactions to respective authorities. | 25 | 29.1 | 31 | 36.0 | 6 | 7.0 | 14 | 16.3 | 10 | 11.6 | 2.453 |
Banks have adequate resources for efficient suspicious transactions reporting. | 33 | 38.4 | 20 | 23.3 | 10 | 11.6 | 18 | 20.9 | 5 | 5.8 | 2.325 |
Banks keep up with all emerging trends of money laundering with vigilance. | 7 | 8.1 | 12 | 14.0 | 9 | 10.5 | 15 | 17.4 | 43 | 50.0 | 3.872 |