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Filing Requirements for Suspicious Activity Reports

NCUA · final-rule · Published 2006-10-27 · Effective 2006-11-27 · 71 FR 62876

Document

Document number
E6-17838
Federal Register citation
71 FR 62876
CFR reference
12 CFR 748
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
2006-10-27
Effective date
2006-11-27

Abstract

NCUA is issuing a final rule to describe in greater detail the requirements for reporting and filing a Suspicious Activity Report (SAR) and to address prompt notification of the board of directors of SAR filings, the confidentiality of reports, and liability protection. NCUA also is changing the heading for this part so it more accurately describes its scope. NCUA seeks to enhance credit union compliance with SAR reporting requirements by providing greater detail in its rule on the thresholds and procedures for filing a SAR.

Source

Authoritative
Federal Register document
Machine
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