Suspicious Activity Reports: Perceptions & Reality in Anti-Money Laundering Investigations

Interview with Investigator Kevin Sullivan At the heart of the Bank Secrecy Act (BSA) and the core of any good Anti-Money Laundering (AML) program is the Suspicious Activity Report (SAR), which all financial institutions - banks, credit unions, brokers, casinos, insurance companies, etc. - must file when confronting questionable transactions. In this exclusive interview, anti-money laundering investigator Kevin Sullivan discusses: Erroneous perceptions of SARs; Examples of effective SARs in successful investigations; Bad habits to avoid when preparing SARs. Also, be sure to check out Sullivan's upcoming webinar: Expert's Guide to Suspicious Activity Reports (SARS): Tips to Avoid Regulatory Pitfalls & Penalties