Dear Board of Directors:
The Financial Crimes Enforcement Network recently published the October 2008 issue of the SAR Activity Review –Trends, Tips & Issues. This publication provides information relating to activity reported on Suspicious Activity Reports (SARs). A brief description of the topics included in this issue follow.
The SAR Activity Review – Trends, Tips & Issues is published by FinCEN on a periodic basis to
provide meaningful information about the preparation, use and value of SARs filed by financial
institutions. The SAR Activity Review – Trends, Tips & Issues may be found on FinCEN’s web site at: http://www.fincen.gov/news_room/rp/sar_tti.html.