Suspicious Activity Report definition

Suspicious Activity Report means a report prepared under Part 6 of the Act as amended from time to time;
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Suspicious Activity Report or “SAR” means a MNJAC SAR, ISE-SAR, or any reported behavior or activity that may result in the reasonable suspicion that a
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Suspicious Activity Report or “SAR” means a MNFC SAR, ISE-SAR, or any reported behavior or activity that may result in the reasonable suspicion that a crime has occurred, could occur or is being planned. It also means a bulletin or brief from a fusion center, law enforcement intelligence unit or federal agency to provide situational awareness to Minnesota agencies.
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Examples of Suspicious Activity Report in a sentence

  • In connection with the Monitoring Activities, UMBFS may encounter shareholder activity that would require it to file a Suspicious Activity Report (“SAR”) with the Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”).

  • If, as a result of information shared pursuant to this section, a fi- nancial institution knows, suspects, or has reason to suspect that an indi- vidual, entity, or organization is in- volved in, or may be involved in ter- rorist activity or money laundering, and such institution is subject to a sus- picious activity reporting requirement under this chapter or other applicable regulations, the institution shall file a Suspicious Activity Report in accord- ance with those regulations.

  • Two years later, Congress passed the Money Laundering Suppression Act of 1994 (MLSA), which further addressed the U.S. Treasury’s role in combating money laundering.In April 1996, a Suspicious Activity Report (SAR) was developed to be used by all banking organizations in the United States.

  • In situations involving violations requiring immediate attention, such as when a reportable violation involves terrorist activity or is ongoing, the financial institution shall immediately notify, by telephone, an appropriate law enforcement authority and financial institution supervisory authorities in addition to filing timely a Suspicious Activity Report.

  • When the broker-dealer should file a Suspicious Activity Report in ac- cordance with applicable law and regu- lation.(3) Recordkeeping.

  • When an insurance company has filed or is identified as a filer in a joint Suspicious Activity Report, the insurance company shall maintain a copy of such joint report (together with copies of any supporting documentation) for a period of five years from the date of filing.

  • A financial institution that is not subject to a suspicious activity reporting requirement is not required to file a Suspicious Activity Report or otherwise to notify law enforcement of suspicious activity that is detected as a result of information shared pursuant to this section.

  • When the bank should file a Suspicious Activity Report in accordance with applicable law and regulation.

  • The Transfer Agent may file a Suspicious Activity Report or other appropriate report on its own behalf with applicable regulator(s) if in attempting to collect any requisite information it deems such action necessary or appropriate.

  • A suspicious trans- action shall be reported by completing a Suspicious Activity Report by Secu- rities and Futures Industries (‘‘SAR– SF’’), and collecting and maintaining supporting documentation as required by paragraph (c) of this section.


More Definitions of Suspicious Activity Report

Suspicious Activity Report. ’ means a report de-
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Suspicious Activity Report means a report prepared under Part 6; “suspicious transaction report” means a report prepared under Part 6;
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Suspicious Activity Report means a report submitted under Section 59;
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Related to Suspicious Activity Report

  • Suspicious transaction means a “transaction” as defined below, including an attempted transaction, whether or not made in cash, which, to a person acting in good faith:

  • Incident Report means a written report of any injury, accident, acts of physical aggression, or unusual incident involving an individual.

  • Adverse Event means any untoward medical occurrence in a patient or clinical investigation subject administered a pharmaceutical product and that does not necessarily have a causal relationship with the treatment. An adverse event can therefore be any unfavourable and unintended sign (including an abnormal laboratory finding), symptom, or disease temporally associated with the use of a medicinal product, whether or not related to the medicinal product.

  • Billing information means any data that enables any person to access a customer’s or donor’s account, such as a credit card, checking, savings, share or similar account, utility bill, mort- gage loan account, or debit card.

  • Serious Adverse Event means any adverse event that led to any of the following:

  • Inside Information means any information relating to any Competition or Event that a Relevant Person possesses by virtue of his or position within the Sport. Such information includes, but is not limited to, factual information regarding the competitors in the Competition or Event, tactical considerations or any other aspect of the Competition or Event but does not include such information that is already published or a matter of public record, readily acquired by an interested member of the public, or disclosed according to the rules and regulations governing the relevant Competition or Event.

  • Reasonable suspicion means a basis for forming a belief based on specific facts and rational inferences drawn from those facts.