Proposal would lead to greater accuracy on cost of filing SAR

Standard

CUNA supports FinCEN updating the Paperwork Reduction Act requirements for complying with the BSA regulation that requires financial institutions to file SARs Adjustment to the PRA burden calculatio because it will lead to greater accuracy in detailing the true cost to a financial institution for filing a SAR.

https://news.cuna.org/articles/118173-proposal-would-lead-to-greater-accuracy-on-cost-of-filing-sar