Written in the SARs: Understanding Their Pivotal Role in AFC
SARs play a lead role in the AFC universe. Knowing when and how to properly file them is essential for a successful AML program. However, guidance on the specific necessary components of a SAR narrative is hazy at best. Compliance professionals are often left with a lot of questions, including what comes after filing. In this webinar, our experts will walk you through the many types of SARs and the different paths a SAR may take— from editing the narrative to working with law enforcement following up on the lead.
Identifying unique types of SARs and establishing internal protocols to ensure clarity and narrative quality for each
Reviewing internal reports of suspicious activity to determine if a SAR filing with authorities is warranted
Working with investigators to analyze current SAR quality, identify avoidable oversights with future SAR filings and foster best practices for handling document requests moving forward