Subject: FDIC FIL-115-99
FIL-115-99
December 30, 1999
SUSPICIOUS ACTIVITY REPORTING
TO: CHIEF EXECUTIVE OFFICER
SUBJECT: SAR Software
The Financial Crimes Enforcement Network (FinCEN) recently
informed us that older versions of software used to report
suspicious activity are not Y2K-compliant.
Banks using early versions of the software (versions 1 or 2)
should visit FinCEN's Web site at (www.treas.gov/fincen/)
under "What's New" to download version 3.0 for use in filing
Suspicious Activity Reports (SARs) after December 31, 1999.
SARs filed using versions 1 or 2 will not be accepted after
that date. Y2K-compliant SAR forms also are available on
FinCEN's Web site under the category "BSA Forms." These are
modifications of current forms and software, not the new
forms and software that will be released early in 2000.
If you have any questions, please contact FinCEN at (703)
905-3744.
For your reference, all FDIC Financial Institution Letters
published since January of 1995 may be found on the FDIC's
Web site at www.fdic.gov under "News, Events, FOIA."
James L. Sexton
Director
FDIC Division of Supervision
Distribution: FDIC-Supervised Banks (Commercial and
Savings)
NOTE: Paper copies of FDIC financial institutions letters
may be obtained through the FDIC's Public Information
Center, 801 17th Street, NW, Room100, Washington, DC 20434
(800-276-6003 or 202-416-6940).
-- Steve Davis (Columbia, MD) (Steve@davislogic.com), January 04, 2000