In 2018, almost 978,000 suspicious activity reports (SARs) were filed by
depository institutions – a 6.7% increase
from the prior year! This increase may be a result of the revised SAR
introduced by FinCEN last year (effective February 1, 2019), which
provided more options and subtypes, additional fields to report cyber
events, and further text responses. Institutions are required to file
complete, thorough, and timely SARs. But accurately completing a form
with 95 fields and an open narrative can be daunting.
webinar will explain how to properly complete a SAR, line - by
- line, and how to make it efficiently convey
information to law enforcement. It will cover how to write an effective SAR
narrative and detail procedures and best practices for determining when
to file, how to complete, and what to do after a filing. This jam
- packed session will ensure your readiness to complete
and file your next SAR.
- Field-by-field requirements
the subject versus the victim
- Writing an effective SAR
narrative that provides law enforcement with the necessary details
- Correcting errors on filed reports
- Proper SAR
completion for hot button issues, including elder abuse, human trafficking, and
marijuana - related businesses
- Examiner expectations for SAR filing and documentation
Dawn Kincaid, Brode Consulting Services, Inc.
Live and recorded webinar, handouts, quiz with answer key and training log are included.