02 — Capability · BC-1770.50
Financial Intelligence Reporting
Tell the financial intelligence authorities about suspected crime and large cash activity accurately and on time, answer their requests, and keep each filing confidential. The investigation that reaches the decision is transaction monitoring.
- Suspicious Activity Reporting
- SAR Filing
- STR Reporting
In scope
- Suspicious activity and suspicious transaction report preparation and filing
- Large cash transaction reporting
- Law enforcement requests, subpoenas and information sharing
- Filing quality review and confidentiality controls
Out of scope
- Investigation of alerts and cases (see BC-1770.20)
- Regulatory reporting and engagement in general (see BC-140.50)
- Legal holds and discovery for litigation (see BC-790.20)
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Used in · 1
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Decomposes into · 4
- BC-1770.50.10Suspicious Activity FilingWrite and file suspicious activity reports with the facts the authority needs, within the deadline, and file continuing reports while activity persists.
- BC-1770.50.20Large Cash Transaction ReportingIdentify cash transactions over the reporting threshold, including those split to avoid it, and file the required reports.
- BC-1770.50.30Authority Information RequestsAnswer subpoenas, production orders and information requests from authorities completely and on time, and share information with other banks where the law allows.
- BC-1770.50.40Filing Quality ReviewCheck filed reports for completeness and accuracy, track timeliness, and keep the existence of every filing confidential.