When the Financial Crimes Enforcement Network issued its Advance Notice of Proposed Rulemaking in September 2020, titled “Anti-Money Laundering Program Effectiveness,” it marked a significant shift in how anti-money When the Financial Crimes Enforcement Network (FinCEN) issued its Advance Notice of Proposed Rulemaking (ANPRM) in...

Suspicious activity reports (SARs) provide crucial intelligence that helps law enforcement develop cases, uncover assets and discover connections to investigate criminal networks. However, the sheer volume and complexity of SARs make them difficult to analyze efficiently. This article is the first part of a two-part...