Completing the SAR Line-by-Line

Compliance Frontline & New Accounts Operations

On-Demand Webinar:

StreamedNov 16, 2021Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

SARs are a mechanism to help detect all manner of criminal activity.

Therefore, accuracy and thoroughness are preeminent concerns. This detailed presentation will explain proper field completion, address the importance of the narrative, define the SAR-related parties, and more.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Use the User Guide information for proper form completion
Define the various SAR-related parties – filing institution, branch location, subject, victim, and others
Explain the proper use of the file attachment for supporting data/transactions
Distinguish between required fields and other fields to be completed if the information is available
Understand the importance of well-written SAR narrative

WEBINAR DETAILS

Whether you file one suspicious activity report (SAR) or hundreds of them, proper completion and timely submission are critically important to the protection of the US (and global) financial system from the abuses of financial crime, including money laundering, terrorist financing, and other illicit financial transactions. SAR reports provide crucial information about persons and activities to law enforcement, agencies, and analysts that pursue criminal, tax, and regulatory investigations, and provide useful evidence for prosecuting money laundering and other financial crimes.

WHO SHOULD ATTEND?

This informative session is directed to BSA officers and departments, compliance officers, fraud and risk managers, auditors, and other employees who contribute to completing SARs, such as branch managers and wire, EFT, or plastic card departments.

TAKE-AWAY TOOLKIT

User guide summary
SAR narrative guidance
FinCEN filing note listing
Employee training quiz
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits.

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.