Birdwatch Note Rating
2024-01-18 05:37:16 UTC - NOT_HELPFUL
Rated by Participant: 66F114B50A6D8BC3C722B4327A4EC5A992E6FE11E2DB189DB8D93D5703A81F10
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