Suspicious Activity Report SAR

04-RA-01 / February 2004
Suspicious Activity Report SAR
Subject
BSA/AML
To
All Credit Unions
To
All Credit Unions
Subj
The Suspicious Activity Report (SAR) Activity Review - Trends, Tips & Issues, Issue 6, November 2003

Dear Board of Directors:

The purpose of this Regulatory Alert is to notify you of the November 2003, issue of The (SAR) Activity Review – Trends, Tips & Issues. The SAR Activity Review is published semiannually by Financial Crimes Enforcement Network (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, as well as 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 SAR Activity Review may be found on FinCEN’s Web site, www.fincen.gov/sarreviewissue6.pdf.

Sincerely,

/S/

Dennis Dollar

Chairman

Last modified on
09/25/20