Bank Secrecy Act Basics: Suspicious Activity Reports (SAR)

Welcome to the “Suspicious Activity Reports (SAR)” lesson which covers the governing bodies of the BSA. This lesson is the first of three in the “Bank Secrecy Act Basics” course, which gives financial institution employees a preliminary overview of the BSA and its mandated forms. After viewing this lesson, financial institution employees will understand how the Bank Secrecy Act is enforced, what constitutes “suspicious activity,” and what the Suspicious Activity Report entails.