Menu Home

FinCEN Exchange discusses US SAR Statistics

FinCEN Exchange Brings Together Public and Private Stakeholders to Discuss Bank Secrecy Act Suspicious Activity Reporting Statistics Contact Office of Strategic Communications, 703-905-3770 Immediate Release March 23, 2021 WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) today convened a virtual FinCEN Exchange event to discuss Bank Secrecy Act (BSA) filing statistics for low-dollar, […]

FinCEN! Files! Ho! Hum!

I think I like it better with the exclamation points… New episode of Mr, Watchlist’s DesigNation – delving below the sensationalist reporting on the FinCEN Files. Hint: I don’t think it should be as fear-inducing as BuzzFeed News and ICIJ would like it to be. After all, I think we’ve […]

May 2020: NCA guidance on making better SARs

There’s much more in this document, but I thought I’d highlight Section 6 (“good practice tips): Always  identify as clearly as possible the suspected benefit from criminal conduct (the ‘criminal property’) including, where possible, the amount of benefit  identify the reason(s) for suspecting that property is criminal property […]

SARS are important, y’all!

FinCEN Holds Fifth Annual Awards Program to Recognize Importance of Bank Secrecy Act Reporting by Financial Institutions Contact Office of Public Affairs, 703-905-3770 Immediate Release May 16, 2019 WASHINGTON—Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco hosted the fifth annual FinCEN Director’s Law Enforcement Awards Program today, during which he […]

November 2, 2018: HK SFC AML/CFT Circular

Circular to Licensed Corporations and Associated Entities  Anti-Money Laundering / Counter-Terrorist Financing  New Solution for e-STR reporting  In order to enhance the capacity in suspicious transaction report (“STR”) processing and shorten the time required for STR reporting entities to receive feedback from Joint Financial Intelligence Unit (“JFIU”) after submitting an […]

January 11, 2018: HK SFC AML/CTF Circular

Circular to Licensed Corporations and Associated Entities Anti-Money Laundering / Counter-Terrorist Financing Suspicious Transaction Report Further to our circular issued on 9 December 2015 Note 1 which reminds licensed corporations (“LCs”) and associated entities (“AEs”) to ensure that any suspicious transaction report submitted by them contains accurate, sufficient information of the transaction, […]

FinCEN Issues 3rd SAR Stats Technical Bulletin

FinCEN Issues Third Edition of SAR Stats Technical Bulletin   The Financial Crimes Enforcement Network (FinCEN) has issued full Suspicious Activity Report (SAR) statistics through Dec. 31, 2016, reflecting data nationwide and by individual states and territories. This edition contains a new feature—where County and Micro & Metropolitan Statistical Area […]