FinCEN issues guidance on sharing SAR
The Financial Crimes Enforcement Network issued guidance yesterday to confirm that, under the Bank Secrecy Act and its implementing regulations, a casino that has filed a Suspicious Activity Report may share the SAR, or any information that would reveal the existence of the SAR, with each office or other place of business located within the United States of either the casino itself or a parent or affiliate of the casino.
The guidance is available on https://www.fincen.gov/resources.
