The payee 's payment service provider must have effective risk-based procedures in order to identify funds transfers lacking complete payer 's information and , as appropriate , report suspicious transactions to the authorities responsible for combating money laundering and terrorism . ###>The payee 's payment service provider must have effective risk-based procedures in order to identify funds transfers lacking complete payer 's information and , as appropriate , report suspicious transactions to the authorities responsible for combating money laundering and terrorism .