Which term is used to reference regulatory guidance cited in SAR narratives?

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Multiple Choice

Which term is used to reference regulatory guidance cited in SAR narratives?

When SAR narratives reference official guidance, the standard label points to FinCEN advisories. FinCEN Advisory Reference signals that the analyst based the discussion on FinCEN advisories, which outline the red flags and risk factors for recognizing suspicious activity. The other terms don’t denote the source of regulatory guidance: Suspicious Activity Explanation is just the rationale in the narrative, Behavior Indicators are the red flags themselves, and the National Human Trafficking Hotline is a resource, not a regulatory reference. So the term used to reference regulatory guidance cited in SAR narratives is FinCEN Advisory Reference.

When SAR narratives reference official guidance, the standard label points to FinCEN advisories. FinCEN Advisory Reference signals that the analyst based the discussion on FinCEN advisories, which outline the red flags and risk factors for recognizing suspicious activity. The other terms don’t denote the source of regulatory guidance: Suspicious Activity Explanation is just the rationale in the narrative, Behavior Indicators are the red flags themselves, and the National Human Trafficking Hotline is a resource, not a regulatory reference. So the term used to reference regulatory guidance cited in SAR narratives is FinCEN Advisory Reference.

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