Which term represents the minimum criteria for mandatory SAR filing?

• A. Reporting Thresholds
• B. Joint SAR
• C. Suspicious Activity Description
• D. SAR Confidentiality

Answer: (A)

The main idea tested here is what sets the bar for when a SAR must be filed. In AML programs, a filing is typically triggered by a defined minimum criteria—often called reporting thresholds—that indicate the activity is reportable. These thresholds establish the floor: if activity meets or exceeds them, the case should be escalated to a SAR. The idea is that there is a baseline level of concern that prompts reporting, not just any suspicious moment.

The other terms don’t serve as the trigger: a Joint SAR is about who files, not when to file; Suspicious Activity Description is the narrative you include in the report, not the criterion that triggers mandatory filing; SAR Confidentiality concerns how the information is handled, not when it must be filed.