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S A E M :R E S E A R C HC O M M I T EE The Curriculum Vitreous lives Report Card: keeping it up to date and using it to document and guide
your career growth
A review of the contents of this handbook
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What is s a e m?
S A E M stands for Suspicious Activity Report by Electronic Means.
Who is required to file s a e m?
Financial institutions such as banks, credit unions, and money service businesses are required to file S A E M.
How to fill out s a e m?
S A E M can be filled out electronically through the Financial Crimes Enforcement Network's (FinCEN) website or using specific software provided by FinCEN.
What is the purpose of s a e m?
The purpose of S A E M is to report any suspicious activity that may indicate money laundering or other financial crimes.
What information must be reported on s a e m?
S A E M requires reporting of information such as the account holder's details, the nature of the suspicious activity, and any supporting documentation.
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