Canonical Statement
Suspicious transaction reporting decisions in crypto contexts MUST be based on documented suspicion assessment, corroborated evidence, and human review.
Definition
In this framework, reporting is a governed decision stage where indicators, context, corroboration, and alternatives are evaluated before a final outcome.
Why It Matters
Conflating indicators with determinations causes over-reporting, under-reporting, and inconsistent supervisory defensibility.
Failure Mode if Ignored
Case files lack coherent rationale, exculpatory evidence is omitted, and reporting outcomes cannot be reconstructed.
Scope & Non-Claims
This entry is scoped to suspicion assessment and reporting workflows in regulated banking environments in the EU/UK.
This entry does not provide legal advice and requires human validation for final compliance determinations.
Related Concepts
- Red flags and typologies in crypto monitoring (EU) (methodology)
- Case escalation and suspicion assessment (crypto) (EU) (journey)
- Documentation and audit trail requirements for crypto compliance (EU) (methodology)