Assigning a High Risk Rating to a Repeat SAR Suspect

While this is largely an opinion-driven issue, mine is that any customer on whom you have filed a SAR is "high risk"; i.e. subject to your highest level of documentation and monitoring. Note that openly using SAR filings in the establishment of risk ratings may communicate the fact that a SAR has been filed to employees who don't need the information.

First published on BankersOnline.com 5/22/06