Thread Options
#2119661 - 02/27/17 07:45 PM Subpoenas & SARs
jhoch Offline
Member
Joined: Nov 2014
Posts: 66
Received a call from IRS agent seeking supporting documentation in regards to a SAR that was filed by our organization. Do they need to supply a subpoena for that request?

Return to Top
BSA/AML/CIP/OFAC Forum
#2119680 - 02/27/17 08:23 PM Re: Subpoenas & SARs jhoch
Doug Hendrickson Offline
Power Poster
Doug Hendrickson
Joined: Oct 2009
Posts: 3,927
Not if it's just the supporting documentation that was mentioned in the filing. Anything more would need a subpoena.
_________________________
I hear and I forget. I see and I remember. I do and I understand.--Confucius

Return to Top
#2119683 - 02/27/17 08:30 PM Re: Subpoenas & SARs jhoch
Elwood P. Dowd Offline
10K Club
Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
FIN 2007-0003

Sometimes, the IRS is pretty lazy. They may want you to fax it to them. Think long and hard about whether their ability to have access to the documentation without a subpoena was intended to make it the equivalent of ordering a pizza.

In my bank they would:
* show up in person,
* present their credentials and a letterhead request indicating this agent was sent to pick up the supporting documentation on SAR DCN # XXXXXXXX.
_________________________
In this world you must be oh so smart or oh so pleasant. Well, for years I was smart. I recommend pleasant.

Return to Top
#2119703 - 02/27/17 09:26 PM Re: Subpoenas & SARs jhoch
jhoch Offline
Member
Joined: Nov 2014
Posts: 66
Thank you all.

Return to Top

Moderator:  Andy_Z