Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wp-migrate-db domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /srv/app/gotoiba-dev/htdocs/web/wp-includes/functions.php on line 6121
If a bank officer discloses to the bank attorney that the bank officer plans to file a SAR, is that is considered an “unauthorized disclosure”? – IBA Compliance Connection

If a bank officer discloses to the bank attorney that the bank officer plans to file a SAR, is that is considered an “unauthorized disclosure”?

by

After discussing with FinCEN’s legal department, we do not believe that the disclosure of a suspicious activity report (SAR) to the bank’s legal counsel would be an unauthorized disclosure. As an agent of the bank, the attorney can review the SAR without violating the SAR confidentiality rule. See 31 CFR 1020.320. In fact, FinCEN has suggested that banks might consult with legal counsel before filing SARs. SAR Activity Review, November 2003 (p. 54).