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Webinar Recording: Recent FinCEN Updates to SAR Requirements

In January 2018, Financial Crime Enforcement Network (FinCEN) announced changes to the Suspicious Activity Report (SAR) form. Are you prepared for the FinCEN SAR changes?
Recent FinCEN SAR UpdatesIn January 2018, Financial Crime Enforcement Network (FinCEN) announced changes to the Suspicious Activity Report (SAR) form.
 
Financial organisations currently subject to the FinCEN SAR eFiling will soon have to make major changes to comply with the new rules by January 1, 2019. 
 
Are you prepared for the FinCEN SAR changes? Find out what your organisation needs to know.
 
 


During this webinar, notable changes regarding the new SAR requirements will be discussed such as the requirement for batch submissions to be made in an XML-based file, rather than the current ASCII fixed-length delimited file format.
 

Learning Objectives:

  • Review important deadlines and timeframes pertaining to the upcoming FinCEN updates
  • Understand what’s new for SAR requirements, including subtype selections
  • Discuss cyber elements, including a new “Cyber Event” suspicious activity type category
  • Assess how the FinCEN updates to SAR requirements impact financial institutions
 
Are you prepared for the FinCEN SAR changes? Find out what some of the major eFiling changes are, the impact to institutions, and the key implementation dates to keep in mind.