Walk into your bank with $10,000 or more in cash, and something happens behind the scenes… Your bank is legally required to file a report with the federal government -- even if you're not doing ...

Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...

What Is a Suspicious Activity Report (SAR)? A suspicious activity report (SAR) is a tool provided under the Bank Secrecy Act (BSA) of 1970 for monitoring suspicious activities that would not ...

Senate Banking Committee Republicans, led by committee chair Tim Scott, R-S.C., have introduced a bill that would raise the mandatory reporting thresholds for filing a suspicious activity report, or ...

On October 9, 2025, the Financial Crimes Enforcement Network (FinCEN), along with the banking and credit union regulators, issued guidance in the form of frequently asked questions (FAQs) addressing ...