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Suspicious Activity Report (SAR)

Compliance Global

A document that financial institutions and CASPs must file with authorities when they detect known or suspected violations of law, or suspicious activity that might indicate money laundering, terrorist financing, or other financial crimes. Filing SARs is a key AML/CFT obligation for all regulated crypto service providers.

Related Terms

Anti-Money Laundering
AML
Combating the Financing of Terrorism
CFT
Know Your Customer
KYC
Travel Rule