a)all counterfeit incidents are reported to the police authorities of the respective Emirate where the incident has occurred;
b)all counterfeit currency cases are reported to the FID as a fraud case via the STR reporting system;
c)all local currency counterfeit incidents, irrespective of the value of counterfeits, must be immediately reported to the Banking Supervision Department using the “Counterfeit Incident Reporting (CIR) Form” (Refer to Appendix 5 for CIR Form); and
d)foreign currency counterfeit incidents, where the total value of counterfeits in a single transaction or multiple transactions by the same person is equal to or above AED 36,000, must be reported immediately to the Banking Supervision Department using CIR Form (Refer to Appendix 5 for this Form).