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Republic of the Philippines Department of Education Region 02 SCHOOLS DIVISION OF NEVA VIJAYA Bombing Battle DIRECTOR Professional Regulation Commission S i r :May we request for verification and
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SIR stands for Suspicious Activity Report.
Financial institutions such as banks, credit unions, and money services businesses are required to file a Suspicious Activity Report.
To fill out a Suspicious Activity Report, financial institutions must provide detailed information about the suspicious activity, including the individuals involved and the nature of the suspected illegal activity.
The purpose of a Suspicious Activity Report is to alert regulatory authorities to potentially illegal activities and to help combat money laundering, terrorist financing, and other financial crimes.
Information that must be reported on a Suspicious Activity Report includes details about the suspicious activity, the individuals involved, and any other relevant information that could help authorities investigate the situation.
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