<P> In financial regulation , a Suspicious Activity Report ( SAR ) or Suspicious Transaction Report ( STR ) is a report made by a financial institution about suspicious or potentially suspicious activity . The criteria to decide when a report must be made varies from country to country but generally is any financial transaction that does not make sense to the financial institution , is unusual for that particular client or appears to be done only for the purpose of hiding or obfuscating a transaction . The report is filed with that country 's financial crime enforcement unit , which is typically a specialist agency designed to collect and analyse transactions and report these to relevant law enforcement units . Front line staff in the financial institution have the responsibility to identify transactions that may be suspicious and these are reported to a designated person that is responsible for the reporting the transaction . The financial institution is not allowed to inform the client or the parties to the transaction that a SAR has been lodged . </P>
<P> In financial regulation , a Suspicious Activity Report ( SAR ) or Suspicious Transaction Report ( STR ) is a report made by a financial institution about suspicious or potentially suspicious activity . The criteria to decide when a report must be made varies from country to country but generally is any financial transaction that does not make sense to the financial institution , is unusual for that particular client or appears to be done only for the purpose of hiding or obfuscating a transaction . The report is filed with that country 's financial crime enforcement unit , which is typically a specialist agency designed to collect and analyse transactions and report these to relevant law enforcement units . Front line staff in the financial institution have the responsibility to identify transactions that may be suspicious and these are reported to a designated person that is responsible for the reporting the transaction . The financial institution is not allowed to inform the client or the parties to the transaction that a SAR has been lodged . </P>
who is required to file suspicious activity reports
who is required to file suspicious activity reports
financial institution
financial institution