WASHINGTON — In its latest SAR Activity Review–Trends, Tips, & Issues, the Financial Crimes Enforcement Network found inconsistencies among shared branch suspicious activity report filings.

“The number of filer-name and [Federal Employer Identification Numbers] in BSA filing related to these cooperatives could complicate future efforts to correctly identify and aggregate SAR filings involving the cooperatives and their affiliated entities. Data consistency problems and other data-quality issues prolonged and hindered efforts to collect and evaluate data for this analysis,” the report read. In many cases, FinCEN found, the filing institution already has the correct information on hand.

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