FinCEN Exchange Brings Together Public and Private Stakeholders to Discuss BSA SAR Statistics
The Financial Crimes Enforcement Network (FinCEN) today convened a virtual FinCEN Exchange event to discuss Bank Secrecy Act (BSA) filing statistics for low-dollar, voluntarily-filed suspicious activity reports (SARs) that contain a transaction nexus to Arizona, New Mexico, Texas, Oklahoma, and Louisiana. Representatives from depository institutions, money services businesses, law enforcement, and FinCEN reviewed SAR-filing information, including the top reported SAR filing categories and discussed potential trends in suspicious activity.
News Release: https://www.fincen.