SAR Activity Review 2001 Jun - Applicability of Safe Harbor

Compliance > BSA > FinCEN SAR FAQs
The SAR Activity Review – Trends, Tips & Issues (June 2001) addresses the applicability of safe harbor, as follows: 

The safe harbor provisions applicable to SAR filings provide a safe harbor for organizations that provide a SAR to all authorized government personnel, including Federal, state, and local authorities. Similarly, the safe harbor provisions apply even if the report of activity that is a possible violation of law or regulation is made orally or in some form other than through the use of a SAR.

 

ADDITIONAL INFORMATION:

FinCEN’s SAR Activity Review information may be found here: https://www.fincen.gov/sar-activity-review-trends-tips-issues

 

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