Which term refers to explanations that accompany a SAR to describe unusual activity?

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Multiple Choice

Which term refers to explanations that accompany a SAR to describe unusual activity?

Suspicious Activity Description is the part of a SAR that provides the explanations for why the activity looks unusual. It’s a concise, fact-based narrative that explains what was observed, when it happened, who was involved, and what about the activity raised suspicion. This section should lay out the relevant details, patterns, and red flags, tying them to the customer’s known profile and business, so regulators can understand the basis for filing the report. It’s not about naming the act, the filing method, or the agency—it's specifically the descriptive explanation that accompanies the SAR.

Suspicious Activity Description is the part of a SAR that provides the explanations for why the activity looks unusual. It’s a concise, fact-based narrative that explains what was observed, when it happened, who was involved, and what about the activity raised suspicion. This section should lay out the relevant details, patterns, and red flags, tying them to the customer’s known profile and business, so regulators can understand the basis for filing the report. It’s not about naming the act, the filing method, or the agency—it's specifically the descriptive explanation that accompanies the SAR.

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