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COST NEWS June / Piping 2015 COST News is published by The Council of Social Services in Christchurch with the generous support of the Canterbury Community Trust, the Lottery Grants Board and the
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Coss news refers to the Currency Operation and Suspicious Transactions Reporting System.
Financial institutions and designated non-financial businesses and professions are required to file coss news.
Coss news can be filled out online through the designated reporting system provided by the regulatory authorities.
The purpose of coss news is to detect and report suspicious financial transactions and activities to prevent money laundering and terrorist financing.
Information such as the nature of the suspicious transaction, the parties involved, and any relevant supporting documentation must be reported on coss news.
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