All Suspicious Activity Reports articles

  • Cannabis

    Federal banking regs ease hemp reporting requirements


    New interagency guidance issued this week brings good news for compliance officers of banking institutions with hemp-related customers.

  • Blog post

    FinCEN advisor charged with leaking SARs to media


    A senior advisor at the Financial Crimes Enforcement Network has been arrested and charged with leaking agency data to a reporter.

  • Blog post

    Charles Schwab settles with SEC for failing to file SARs


    Charles Schwab on July 2 agreed to pay the Securities and Exchange Commission a civil penalty of $2.8 million for failing to file suspicious activity reports on questionable transactions by its investment advisers.

  • Blog post

    QuantaVerse Financial Crime Report simplifies FinCEN SAR filings


    QuantaVerse, the first in the market with artificial intelligence (AI) solutions purpose-built for identifying financial crimes, helps financial institutions file timely and accurate suspicious activity reports (SARs) that match FinCEN’s recently revamped SAR filing format in the BSA E-Filing System.

  • Blog post

    New suspicious activity monitoring solution uses AI technologies


    NICE Actimize, a provider of financial crime, risk and compliance solutions for regional and global financial institutions, has launched its next-generation Suspicious Activity Monitoring solution, which combines machine learning analytics for laser-accurate crime detection with robotic process automation.

  • Blog post

    SFO: Tell-tale signs of money laundering


    Serious and organised crime costs the United Kingdom an estimated £24 billion a year, states a new government report setting out the threats posed by money laundering. With the report, the government relaunched its “Flag it Up” campaign to raise awareness and show how the legal and accountancy sectors can ...