Financial organizations currently subject to the FinCEN SAR eFiling will soon have to make major changes. The suspicious activity types that need reporting have been updated, new fields have been added to the form, and the ASCII format is being updated to the XML format to name a few.Download this whitepaper to learn more about the major changes to the Suspicious Activity Report (SAR) form and practical guidance and steps on getting your organization better prepared for the changes by January 1, 2019.”]
Source: https://www.bankinfosecurity.com/whitepapers/fincen-sar-update-ensure-youre-prepared-w-4467