Accurately Completing the SAR: A Workshop Going Beyond the Basics
This session will include breakout rooms where you will get the opportunity to collaborate with peers, as well as our industry expert, Dawn Kincaid. Space is limited to 35 participants for a high-value learning experience, so register today!
We will work through how to write an effective SAR narrative by looking at both good and not-so-good examples. We will also detail procedures and best practices for determining when to file, what to do after filing, and what to do if you decide not to file.
SAR filings remain high for suspicious activity related to convertible virtual currency (CVC) fraud, elder financial exploitation, identity theft, marijuana-related businesses, and cyber incidents. Your institution is required to file these SARs in a complete, thorough, and timely manner. But in a form with 95 fields and an open narrative, filing an accurate SAR can seem overwhelming.
