In United States financial regulation, a suspicious activity report (or SAR) is a report made by a financial institution to the Financial Crimes Enforcement Network (FinCEN), an agency of the United States Department of the Treasury, regarding suspicious or potentially suspicious activity.
Read more about Suspicious Activity Report: Reporting, Reporters, Confidentiality, SAR Filing Options, Penalties For Non-compliance
Famous quotes containing the words suspicious, activity and/or report:
“I’ve always wondered why European politicians as a group seemed brighter than American politicians as a group. Maybe it’s because many American politicians have the race issue to fall back on. They become lazy, suspicious of innovative ideas, and as a result American institutions atrophy.”
—Ishmael Reed (b. 1938)
“With two sons born eighteen months apart, I operated mainly on automatic pilot through the ceaseless activity of their early childhood. I remember opening the refrigerator late one night and finding a roll of aluminum foil next to a pair of small red tennies. Certain that I was responsible for the refrigerated shoes, I quickly closed the door and ran upstairs to make sure I had put the babies in their cribs instead of the linen closet.”
—Mary Kay Blakely (20th century)
“There was ... a large, shaggy dog, whose nose, report said, was full of porcupine quills. I can testify that he looked very sober. This is the usual fortune of pioneer dogs, for they have to face the brunt of the battle for their race.... When a generation or two have used up all their enemies’ darts, their successors lead a comparatively easy life. We owe to our fathers analogous blessings.”
—Henry David Thoreau (1817–1862)