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EfilePublicVisualRenderFormObjectId:001Submission:20150116TIN:205478191 OMB No.1545ReturnofOrganizationExemptFromIncomeTax99000472019Undersection501(c),527,or4947(a)(1)oftheInternalRevenueCode(except
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What is s a c r?
SACR stands for Suspicious Activity Report. It is a form that financial institutions use to report suspicious transactions that may indicate money laundering or other illegal activities.
Who is required to file s a c r?
Financial institutions such as banks, credit unions, and money services businesses are required to file SACRs.
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SACRs can be filled out electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing System.
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The purpose of a SACR is to help law enforcement agencies detect and prevent money laundering, terrorist financing, and other financial crimes.
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SACRs typically include information about the suspicious activity, the individuals involved, and the financial details of the transactions.
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