This session will include breakout rooms where you will get the opportunity to collaborate with peers, as well as our industry expert, Dawn Kincaid. Space is limited to 35 participants for a high-value learning experience, so register today!

We will work through how to write an effective SAR narrative by looking at both good and not-so-good examples. We will also detail procedures and best practices for determining when to file, what to do after filing, and what to do if you decide not to file.

SAR filings remain high for suspicious activity related to convertible virtual currency (CVC) fraud, elder financial exploitation, identity theft, marijuana-related businesses, and cyber incidents. Your institution is required to file these SARs in a complete, thorough, and timely manner. But in a form with 95 fields and an open narrative, filing an accurate SAR can seem overwhelming.What You'll Learn:

• Identify red flags for emerging fraud areas and determine when filing a SAR is necessary
  
• Utilize SAR data to identify trends and focus your suspicious activity monitoring efforts
  
• Work with your peers to complete a SAR for real-life scenarios
  
• Write an effective SAR narrative containing all required components detailed in recent advisories and guidance
  
• Understand how recent FinCEN advisories impact the SAR filing procedures
  
• Correct errors on previously filed reports
  Use provided tools to review SARs for accuracy before filing with FinCEN