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S p o n s o r s hip P r o p o s an l T o Whom It M a y Concern, The East Orange Village Markets has become a fun, exciting and eagerly anticipated annual event on the local community calendar. The
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S P O N stands for Suspicious Activity Report (SAR) by Financial Institutions.
Financial institutions such as banks, credit unions, and money service businesses are required to file SARs.
SARs can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of SARs is to report suspicious activities that may indicate money laundering, terrorism financing, or other financial crimes.
Information such as the identity of the individuals involved, the nature of the suspicious activity, and any other relevant details must be reported on SARs.
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