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CITY OF SOMERSWORTH S P E C I F I C A T I O N S for B14035 REFLECTORIZED PAVEMENT LINES February 2014 Prepared by: COMMUNITY SERVICES DEPARTMENT ENGINEERING DIVISION 288 CENTRAL AVENUE DOVER, NEW
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SP E C stands for Suspicious Activity Report (SAR) and Currency Transaction Report (CTR).
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Financial institutions are required to file SP E C.
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SP E C can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
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The purpose of SP E C is to report suspicious transactions and currency transactions over a certain threshold to prevent money laundering and terrorist financing.
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