Birdwatch Note Rating
2024-01-18 05:39:34 UTC - NOT_HELPFUL
Rated by Participant: C00F3A4C4553DC978C6591DED2F74A3669D054C9BA5324E57A3D399D3CD7EF62
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