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Financial Institution Letters

The Suspicious Activity Report Activity Review
April 2005 Issue
FIL-38-2005
May 2, 2005


Summary: The Federal Deposit Insurance Corporation (FDIC) is notifying FDIC-supervised financial institutions that the eighth edition of The SAR Activity Review -Trends, Tips & Issues, published three times annually by the Department of the Treasury's Financial Crimes Enforcement Network (FinCEN), is now available.

Highlights:
  • On April 15, 2005, the Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) released its April 2005 issue of The SAR Activity Review - Trends, Tips & Issues. The SAR Activity Review addresses trends identified by FinCEN in suspicious activity reports (SARs) and case studies, and provides guidance to improve preparation and filing of SARs.
  • This issue, the eighth edition, includes a new feature called "Director's Forum," which provides FinCEN Director William J. Fox an opportunity to address issues of particular significance.
  • The current edition can be found at http://www.fincen.gov/sarreviewissue8.pdf - PDF 3.48mb (PDF Help)

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  • Please distribute this information to the appropriate personnel in your institution.
  • Further information about FinCEN and prior editions of The SAR Activity Review are available at www.fincen.gov.

Distribution:
FDIC-Supervised Banks (Commercial and Savings)

Suggested Routing:
Chief Executive Officer
BSA Compliance Officer

Related Topics:
Suspicious Activity Reports

Attachment:
None

Contact:
Senior Program Analyst Charles Collier at SASFIL@FDIC.gov or (202) 898-3673.

Printable Format:
FIL-38-2005 - PDF 44k (PDF Help)

Note:
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/2005/index.html.

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.

Paper copies of FDIC FILs may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (1-877-275-3342 or (703) 562-2200).


Last Updated 05/02/2005 communications@fdic.gov