Suspicious Activity Reports. (1) Within sixty (60) days, the Board shall develop, implement, and thereafter ensure Bank adherence to a written program to establish a system of internal controls and processes to ensure compliance with the requirements to file Suspicious Activity Reports set forth in 12 C.F.R. § 21.11, as amended. At a minimum, this written program shall establish procedures for identifying and reporting known or suspected violations of Federal law, violations of the Bank Secrecy Act, or suspicious transactions related to money laundering activity, including suspicious activity relating to the opening of new accounts, the monitoring of current accounts, and the transfer of funds through the Bank.
Suspicious Activity Reports. Broker shall be responsible for reviewing for suspicious activities and filing suspicious activity reports on Form SAR-SF and shall coordinate such filing with Pershing. Broker shall, as soon as practical after identifying a suspicious activity and in any event prior to filing a suspicious activity report on SAR-SF, notify Pershing’s Anti-Money Laundering Compliance Officer and shall communicate with Pershing about the transaction for purposes of sharing information about the transaction and determining whether Broker or Pershing shall file the SAR-SF, unless such sharing of information is prohibited by law. Broker will provide Pershing with copies of all SAR-SFs and other communications it files with respect to accounts held at Pershing, unless prohibited by law. In addition, Broker shall promptly notify Pershing regarding any account activity Broker reasonably believes to be suspicious, not legitimate, not having a reasonably apparent explanation, or could support the filing of a Form SAR-SF.
Suspicious Activity Reports. Vision Bancshares shall promptly provide Park with a notice of any Suspicious Activity Report filed with any Regulatory Authority.
Suspicious Activity Reports. GNOG shall be responsible for preparing any and all Suspicious Activity Reports-Casinos (“SARCs”) relating to transactions conducted by GNOG with GNOG Players as required by Law, and promptly delivering such SARCs to GN to be filed by GN on GNOG’s behalf under the GN taxpayer identification number. For purposes of clarity, with respect to any SARCs prepared by GNOG and delivered to GN, the GNOG taxpayer identification number will be documented in the SARC narrative relating to the reported transaction. GN shall be responsible for preparing and filing any SARCs relating to transactions conducted by GN with GNOG Players at the GX xxxx (e.g., GN will be responsible for the preparing and filing of SARCs for cage withdrawals or deposits made by GNOG Players).
Suspicious Activity Reports. (1) The Branch shall immediately develop, implement, and thereafter ensure Branch adherence to a written program to establish a system of internal controls and processes to ensure compliance with the requirements to file Suspicious Activity Reports set forth in 12 C.F.R. § 21.11, as amended. At a minimum, this written program shall establish procedures for identifying, monitoring and reporting known or suspected violations of Federal law, including violations of the Bank Secrecy Act, and suspicious activity, including suspicious activity relating to the opening of new accounts, the monitoring of current accounts, the processing of Trade Settlement Transactions, the extension of credit, and the transfer of funds through the Branch.
Suspicious Activity Reports. (1) Within ninety (90) days of the date of this Agreement, the General Manager, with the approval of the Board, shall revise, implement, and thereafter ensure the Branches’ adherence to a written program establishing a system of internal controls and processes to ensure compliance with the requirements to file Suspicious Activity Reports set forth in 12 C.F.R.
Suspicious Activity Reports. (1) The Board shall ensure that Bank management revises and ensures Bank adherence to its written Suspicious Activity Reports (“SARs”) program to such that its system of internal controls and processes ensure compliance with the requirements to file SARs set forth in 12 C.F.R. § 163.180, as amended. At a minimum, this written program shall establish risk-based procedures for identifying, escalating, investigating and reporting known or suspected violations of Federal law, violations of the BSA, or suspicious transactions related to the opening of new accounts, the monitoring of current accounts, and the transfer of funds through the Bank.
Suspicious Activity Reports. The Broker-Dealer and the General Agent affirms that it has a responsibility – independent of the responsibility of Distributor and the AXA Equitable Companies – to monitor, detect and report suspicious activity and shall file suspicious activity reports using Form SAR-SF (or whatever appropriate form that may be designated by federal authorities) as it deems necessary. To the extent permitted by applicable law, Broker-Dealer and General Agent shall, as soon as practical after identifying a potentially suspicious activity and prior to filing a suspicious activity report, notify Distributor’s Anti-Money Laundering Officer and shall, provided Distributor and Broker-Dealer and General Agent has each made the necessary regulatory filing to facilitate information sharing under FinCEN 314(b), communicate with Distributor about the transaction for purpose of sharing information about the transaction and determining whether Distributor or Broker-Dealer and General Agent shall file the suspicious activity report, unless such sharing of information is prohibited by law. In addition, Broker-Dealer and General Agent shall promptly notify Distributor regarding any account activity Broker-Dealer and General Agent believes to be suspicious, not legitimate, not having a reasonably apparent explanation, or could support the filing of a SAR-SF as permitted by applicable law. Nothing in this paragraph shall be read to prohibit Broker-Dealer and General Agent or Distributor from filing its own suspicious activity and other reports as it believes necessary or appropriate. Broker-Dealer and General Agent shall take such steps as Distributor may reasonably request in connection with any potential suspicious activity in an account, including closing the account.
Suspicious Activity Reports. Broker shall be primarily responsible for filing suspicious activity reports on Form SAR-SF and shall coordinate such filing with Fortis. Broker shall, as soon as practical after identifying a suspicious activity and in any event prior to filing a suspicious activity report on SAR-SF, notify Fortis's Anti-Money Laundering Compliance Officer and shall, provided Broker and Fortis have made the filings contemplated by Paragraph 10.3.5 hereof, communicate with Fortis about the transaction for purposes of sharing information about the transaction and determining whether Broker or Fortis shall file the SAR-SF, unless such sharing of information is prohibited by law. Broker will provide Fortis with copies of all SAR-SFs and other communications it files with respect to accounts held at Fortis, unless prohibited by law. In addition, Broker shall promptly notify Fortis regarding any account activity Broker reasonably believes to be suspicious, not legitimate, not having a reasonably apparent explanation, or could support the filing of a Form SAR-SF.
Suspicious Activity Reports. Broker shall be responsible for reviewing for suspicious activities and filing suspicious activity reports on Form SAR-SF and shall coordinate such filing with Pershing. Broker shall, as soon as practical after identifying a suspicious activity and in any event prior to filing a suspicious activity report on SAR-SF, notify Pershing's Anti-Money Laundering Compliance Officer and shall, provided each of Broker and Pershing has made the filings contemplated by Paragraph 8.3.7 hereof, communicate with Pershing about the transaction for purposes of sharing information about the transaction and determining whether Broker or Pershing shall file the SAR-SF, unless such sharing of information is prohibited by law. Broker will provide Pershing with copies of all SAR-SFs and other communications it files with respect to accounts held at Pershing, unless prohibited by law. In addition, Broker shall promptly notify Pershing regarding any account activity Broker reasonably believes to be suspicious, not legitimate, not having a reasonably apparent explanation, or could support the filing of a Form SAR-SF.
