BSA/AML, SAR: Filing SAR After Robbery
Printer-friendly VersionQuestion:
On an attempted robbery with no money involved do we need to file a SAR?
Answer:
The answer is the same whether or not the robber got away with money. A SAR is not required for a robbery or burglary committed or attempted as long that is reported to appropriate law enforcement.
31 CFR 103.18(c) Exceptions. A bank is not required to file a SAR for a robbery or burglary committed or attempted that is reported to appropriate law enforcement authorities, or for lost, missing, counterfeit, or stolen securities with respect to which the bank files a report pursuant to the reporting requirements of 17 CFR 240.17f–1.
31 CFR 103.18(c) Exceptions. A bank is not required to file a SAR for a robbery or burglary committed or attempted that is reported to appropriate law enforcement authorities, or for lost, missing, counterfeit, or stolen securities with respect to which the bank files a report pursuant to the reporting requirements of 17 CFR 240.17f–1.