Regulatory updates, compliance guidance, and typology analysis for financial crime professionals.
Suspicious Activity ReportingUnderstanding the Joint Statement on SAR Confidentiality Since September 2, 2026, when the Federal Reserve , FDIC , NCUA , OCC , and FinCEN issued their Joint Statement on SAR confidentiality and cust
Suspicious Activity ReportingU.S. financial regulators recently clarified that the Bank Secrecy Act doesn t stop financial institutions from discussing Suspicious Activity Reports (SARs) with the customers involved. This shifts a
Suspicious Activity ReportingWhen your team closes a customer s account and your call center tells them we filed a suspicious activity report, you ve just violated 31 U.S.C. § 5318(g)(2) . This isn t a hypothetical situation. It
Suspicious Activity ReportingScope This guide helps you communicate with customers about account restrictions, transaction declines, and suspicious activity inquiries without violating SAR confidentiality requirements under 31 U.
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Suspicious Activity ReportingThe Challenge of Cross-Border Fraud Imagine you re in a compliance team meeting. Someone brings up a fraud case that started overseas, moved through multiple payment systems, and involved social media
Suspicious Activity ReportingYou ve just filed a Suspicious Activity Report (SAR) on a customer account showing signs of structuring. The next morning, that same customer calls asking why their wire transfer was delayed. Can you
Suspicious Activity ReportingYou re in a compliance meeting, staring at your monthly metrics, trying to explain what the numbers actually mean. Your CFO wants to know if the AML/CFT Framework is working. Your CEO asks whether the
Suspicious Activity ReportingCross-sector intelligence sharing is essential. With fraud scam losses projected to hit $62 billion by 2025 and growing annually by 19.3%, your institution faces threats that are often invisible and m
Suspicious Activity ReportingThe UK Insolvency Service wound up Key Coin Assets Ltd on 11 August 2026 after investigators found no evidence the firm conducted genuine cryptocurrency trading. This case highlights a critical gap in
