Birdwatch Note Rating
2024-01-18 08:14:53 UTC - NOT_HELPFUL
Rated by Participant: F6AB7752B94B2036F8485B4799B9BE9CC6CD58C1E9A4E004A226E45CFC69F7EE
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