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What does my regulator's request mean?

Question: 
What does our regulator mean by "most recent report for SAR /CTR filed along with 3 years filing trend"?
Answer: 

Answer by Randy Carey: The only way to figure out what a regulator wants when you have questions concerning a request is to call them.

Answer: 

Answer by John Burnett: While I don't disagree with Randy, an educated guess would be that the examiner wants a copy of the most recent report of SARs filed (and CTRs if you report them) to your directors or committee designated by the directors for the purpose, plus a three-year history of the numbers of SARs and CTRs filed. You may or may not have that information, but if you do, the examiner would like to see it.

Answer: 

Answer by Ken Golliher: Call them and ask.

First published on 10/30/2016

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