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Financial Crimes Enforcement Network
Board of Governors of the Federal Reserve System
Office of the Comptroller of the Currency
Office of Thrift Supervision
Federal Deposit Insurance Corporation
National Credit Union Administration

Joint Press Release

For immediate release

December 21, 2006

Suspicious Activity Report (SAR) Revised To Support Joint Filing and Reduce
Duplicate SARs
The Financial Crimes Enforcement Network (FinCEN) and the federal banking agencies
announced Thursday that the format for the Suspicious Activity Report by Depository
Institutions (SAR-DI) has been revised to support a new joint filing initiative, which will
reduce the number of duplicate SARs filed for a single suspicious transaction. The revisions
are the result of a joint effort by FinCEN and the federal banking agencies.
Recently approved by the Office of Management and Budget, the revised SAR-DI format is
being released today to allow depository institutions subject to SAR filing requirements to
begin initial planning for the effective implementation date of June 30, 2007. On this date,
depository institutions will have the option of using either the existing or the revised SARDI formats. Use of the revised format for filing will become mandatory December 31, 2007.
The ability to file using E-Filing, or electronic filing, is currently being finalized, as are the
Magnetic Media Specifications.
This is an approved final form, but the form should not be filed until the actual
effective implementation date of June 30, 2007.
Financial institutions can review and download the PC fill-in version (using Adobe Reader
or Acrobat) from the FinCEN website at under "What's New." The
accompanying form instructions contain critical "How to" information for completing the
Any questions regarding the revised format may be directed to the FinCEN BSA Forms
Manager via the FinCEN Helpline at 1-800-949-2732 (option 6) or to the appropriate
federal banking agency.
Attachment (520 KB PDF)
2006 Banking and consumer regulatory policy
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Last update: December 21, 2006