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#2233833 - 03/27/20 08:34 PM Is it a new SAR or Continuing Activity
Anonymous
Unregistered

We filed a SAR last year on a customer, then closed her accounts. Therefore, there was no need to filing a continuing activity report 90 days later. Now we have noted this same previous customer is involving a current customer in what we believe is the same type of suspicious activity. I thought this would be a continuing activity SAR, since I would like to reference the previous SAR filing, but this is well after the 120 days for a continuing activity SAR. Do I file this as a new SAR or continuing activity SAR?

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#2233838 - 03/27/20 09:09 PM Re: Is it a new SAR or Continuing Activity Anonymous
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 78,643
Galveston, TX
New SAR with a reference to the old ones in the narrative.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#2233851 - 03/27/20 10:10 PM Re: Is it a new SAR or Continuing Activity Anonymous
RockChucker, CAMS Offline
Diamond Poster
Joined: Jul 2013
Posts: 1,628
The Country
Agreed
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A successful man is one who can lay a firm foundation with the bricks others have thrown at him.
-David Brinkley

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