FinCEN issued the
sixth edition of The SAR Activity Review
By the Numbers. The report is a compilation of numerical
from Suspicious Activity Reports (SARs) filed by depository
and card clubs, certain money services businesses, and
certain segments of securities and futures industries.
The SAR Activity
Review By the Numbers is generally published
twice annually with activity covering two filing periods: January 1
June 30, and July 1 to December 31. The current edition can be
The SAR Activity
Review By the Numbers serves as a companion
report to The SAR Activity Review – Trends, Tips &
As of December 31,
2005, over 3.1 million SARs have been filed
with FinCEN. Of that total, over 2 million were filed by depository
Act/structuring/money laundering continues to be the leading
characterization of suspicious activity.
A comparison of SAR
filing trends between 2004 and 2005 includes:
a 41% increase in mortgage loan filings; a 55% increase
in consumer loan fraud filings; a 77% increase in false statement
and a 35% decrease
in computer intrusion filings.
FDIC-Supervised Banks (Commercial and Savings)
Chief Executive Officer
BSA Compliance Officer
Bank Secrecy Act/Anti-Money Laundering Programs
Review Examiner Debra Novak, Division of Supervision and Consumer
at SASFIL@FDIC.gov or (202)
FDIC Financial Institution Letters (FILs) may be
accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/2006/index.html.
To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.
Paper copies of FDIC FILs may be obtained through the FDIC's Public
Information Center, 801 17th Street, NW, Room 100, Washington, DC
20434 (1-877-275-3342 or 703-562-2200).