Birdwatch Note Rating
2024-01-24 20:39:55 UTC - NOT_HELPFUL
Rated by Participant: 08D4DC423E6E7DA4404DF638ACACAE09183D26B89CD4035086F69BDE719C09A4
Participant Details
Original Note:
The Federal Government didn’t flag transactions. They suggested that financial institutions consider adding specific search terms to their own screening. It’s up to the FI to do so and report transactions they deem suspicious to FinCen. Most transactions would not be reported. https://en.m.wikipedia.org/wiki/Suspicious_activity_report#:~:text=In%20financial%20regulation%2C%20a%20Suspicious,terrorism%20and%20other%20financial%20crimes.
All Note Details