The SAR Activity Review—Trends, Tips and Issues is the product of a continuing
collaboration among the nation’s financial institutions, federal law enforcement,
and regulatory agencies to provide meaningful information about the preparation,
use, and utility of Suspicious Activity Reports (SARs) filed by financial
This publication reflects the recognition of both the relevant government agencies
and the nation’s financial institutions of the desirability of a continuing public
exchange of information about the SAR System and its results. These include,
among others, the American Bankers Association; Independent Bankers Association;
Independent Community Bankers of America; American Institute of Certified
Public Accountants; Securities Industry Association; Non-Bank Funds
Transmitters Group; Federal Reserve Board; Office of the Comptroller of the
Currency; Federal Deposit Insurance Corporation; Office of Thrift Supervision;
National Credit Union Administration; Federal Bureau of Investigation; U.S.
Department of Justice’s Asset Forfeiture and Money Laundering Section; U.S.
Department of Justice’s Criminal Division; U.S. Department of Treasury’s Office
of Enforcement; U.S. Customs Service; U.S. Secret Service; Internal Revenue
Service; and Financial Crimes Enforcement Network.
The SAR Activity Review will be published semiannually in October and April,
beginning in October 2000. Analytic reports, issue papers, and other public actions
related to or resulting from information contained in the Review may be
Questions, comments or other feedback concerning the SAR Activity Review
will be most welcome. Where possible, Email contact points are provided for
each section of the Review. A feedback sheet is included as the last page.
Comments may also be addressed to either or both of the SAR Activity Review
John J. Byrne
Senior Counsel & Compliance Mgr.
American Bankers Assoc.
1120 Connecticut Ave. NW
Washington, DC 20036
(202) 663-5029 (phone)
(202) 828-5052 (fax) email@example.com
David M. Vogt
Financial Crimes Enforcement Network
2070 Chain Bridge Road, Suite 200
Vienna, VA 22182
(703) 905-3525 (phone)
(703) 905-3698 (fax) firstname.lastname@example.org