Bank Secrecy Act / Anti-Money Laundering (BSA/AML)
Reporting

Bank Secrecy Act / Anti-Money Laundering (BSA/AML) BSA-SAR-1: Suspicious Activity Reports - Threshold

Banks must file a SAR (FinCEN Form 111) for any transaction involving $5,000 or more when the bank knows, suspects, or has reason to suspect the transaction involves funds from illegal activity, is designed to evade BSA requirements, or has no business or apparent lawful purpose (31 CFR 1020.320(a)(2)).

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

Other controls in Reporting

Query this from an agent

The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.