Suspicious Activity Report SAR

03-RA-04 / March 2003
Suspicious Activity Report SAR
Subject
BSA/AML
To
All Federally-Insured Credit Unions
To
All Federally-Insured Credit Unions
Subj
The SAR Activity Review – Trends, Tips & Issues, Issue 5, February 2003

The purpose of this Regulatory Alert is to notify you of the February 2003 issue of The SAR Activity ReviewTrends, Tips & Issues. The SAR Activity Review is published semiannually by FinCEN.

The publication provides feedback to financial institutions about suspicious activity reported to FinCEN by the institutions. It contains SAR statistics, patterns and trends of suspicious activity that have been reported, tips and guidance for financial institutions on form preparation and filing, and information about law enforcement cases in which SAR information played an important role in a successful investigation and/or prosecution of criminal financial activity. The highlighted topic in Section 2 is about terrorist financing methods.

The SAR Activity Review may be found on FinCEN’s Web site at: http://www.fincen.gov/sarreviewissue5.pdf.

Sincerely,

/S/

Dennis Dollar

Chairman

Last modified on
04/03/20