BSA/AML: SAR Filing
Course Number: ABA
Course Code: ABA
Describes the BSA requirements for a bank to file a Suspicious Activity Report and why federal law limits sharing information about a SAR, and the components of a SAR monitoring and reporting system, and how to answer the essential questions that comprise the basis of the SAR narrative.
Updated: September 2018?
Re-versioned: Sept. 2015
What You’ll Learn
After completing this course, students will be able to:
-Describe the scope of activities appropriate for SAR filing
-Discuss the importance of keeping SARs confidential
-Recognize some indicators of suspicious activity
-Describe the five key components of SAR filing
Audience: All employees