Skip to content
Thread Options
#1102602 - 12/26/08 09:48 PM SAR Timing
DerrickAuditor Offline
Joined: Mar 2008
Posts: 91
I understand that a SAR should be filed no later than 30 days after the date of initial detection. If no suspect was identified, the filing of the SAR may be delayed an additional 30 days.

We had an insider who worked just two weeks and was terminated for providing false information on their application (employment application said one name - background results came up with a different name - and this name had a long criminal record).

Should the SAR have been filed within 30 or 60 days of learning that the employee provided false information? I think 30 because we had a suspect (just not certain of their real name) and we could have listed both names (application name and name from the FBI fingerprint results), but I'm getting feedback from management that because we didn't know the insider's true identity initially, we had 60 days. Thoughts?
Last edited by DerrickAuditor; 12/26/08 09:56 PM.
Return to Top
#1102744 - 12/29/08 02:53 PM Re: SAR Timing DerrickAuditor
JacF Offline

Power Poster
Joined: Nov 2001
Posts: 6,719
I'm in agreement with you on 30 days.

Return to Top
#1102948 - 12/29/08 06:32 PM Re: SAR Timing JacF
WonderWoman Offline
Diamond Poster
Joined: Mar 2007
Posts: 2,108
gone fishin'
30 Days from the date you knew they provided incorrect information ...
My opinions are my own, and not that of my employer.

Return to Top

Moderator:  Andy_Z