Deadline for subsequent SAR filing after initial report?

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Deadline for subsequent SAR filing after initial report?

When a SAR has already been filed, you still stay vigilant for related suspicious activity. If new information related to the same matter arises, you must file a subsequent SAR. The rule gives a 120-calendar-day window from the date of the initial report to submit this follow-up. This timeframe keeps follow-on reporting timely while allowing enough time to gather additional details and corroborating information. For example, if the initial SAR went out on January 1, a related new suspicious finding discovered by February 28 should be reported no later than May 1. The shorter timeframes listed in the other options correspond to initial reporting timelines or different circumstances, not the follow-on filing deadline.

When a SAR has already been filed, you still stay vigilant for related suspicious activity. If new information related to the same matter arises, you must file a subsequent SAR. The rule gives a 120-calendar-day window from the date of the initial report to submit this follow-up. This timeframe keeps follow-on reporting timely while allowing enough time to gather additional details and corroborating information.

For example, if the initial SAR went out on January 1, a related new suspicious finding discovered by February 28 should be reported no later than May 1.

The shorter timeframes listed in the other options correspond to initial reporting timelines or different circumstances, not the follow-on filing deadline.

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