ALEXANDRIA, VA (October 9, 2025) – The National Credit Union Administration, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency, joined the Financial Crimes Enforcement Network today in issuing answers to frequently asked questions about Suspicious Activity Reports (SARs) and other anti-money laundering/countering the financing of terrorism (AML/CFT) considerations.
These answers intend to clarify commonly asked questions by financial institutions about SAR rules to assist with AML/CFT compliance obligations and enable institutions to focus resources on activities that produce the greatest value to law enforcement agencies and other authorized government users of Bank Secrecy Act reports. The questions address the topics of structuring, continuing activity reviews, timelines for continuing activity reviews, and documentation for decisions not to file a SAR.
Related Link: Frequently Asked Questions Regarding Suspicious Activity Reporting Requirements