Wednesday, December 22, 2010

DHS Will Have Access to SARS Information

A suspicious activity report (or SAR) is a report regarding suspicious or potentially suspicious activity, which are required to be filed by various financial institutions. They are filed with the Financial Crimes Enforcement Network (FinCEN), an agency of the United States Department of the Treasury.

FinCEN will now be share the data received with the Department of Homeland Security.

1 comment:

  1. Oh great. The subject of a SAR is forbidden by law from being informed that he is the subject of a SAR. So now when you enter or leave the US, the fat retard at passport control will see some bank report and harass you about it but not in a way that you're allowed to know the details of what is disturbing him. What could possibly go wrong there?