Mr. Niall Cody:

The majority of suspicious transaction reports come from the financial institutions. Financial institutions are obliged to submit STRs to Revenue if they feel there is a suspicion. The suspicion could be an unusual pattern such as a person making a lodgement that is not in accordance with the norm. The financial institutions are required to send a suspicious transaction report to Revenue an An Garda Síochána. We then have them risk-rated. The key issue is that the STRs are essentially a form of third-party information. All third-party information we receive provides a backdrop to our overall risk rating system.