Suspicious Activity Reports Sample Clauses

Suspicious Activity Reports. Broker shall be responsible for reviewing for suspicious activities and filing suspicious activity reports on Form SAR-SF and shall coordinate such filing with Pershing. Broker shall, as soon as practical after identifying a suspicious activity and in any event prior to filing a suspicious activity report on SAR-SF, notify Pershing’s Anti-Money Laundering Compliance Officer and shall communicate with Pershing about the transaction for purposes of sharing information about the transaction and determining whether Broker or Pershing shall file the SAR-SF, unless such sharing of information is prohibited by law. Broker will provide Pershing with copies of all SAR-SFs and other communications it files with respect to accounts held at Pershing, unless prohibited by law. In addition, Broker shall promptly notify Pershing regarding any account activity Broker reasonably believes to be suspicious, not legitimate, not having a reasonably apparent explanation, or could support the filing of a Form SAR-SF.

Suspicious Activity Reports. ‌ (1) Within thirty (30) days, the Board shall develop, implement, and thereafter ensure Bank adherence to a written program to establish a system of internal controls and processes to ensure compliance with the requirements to file Suspicious Activity Reports set forth in 12 C.F.R. § 21.11, as amended. At a minimum, this written program shall establish procedures for identifying and reporting known or suspected violations of Federal law, violations of the Bank Secrecy Act, or suspicious transactions related to money laundering activity, including suspicious activity relating to the opening of new accounts, the monitoring of current accounts, and the transfer of funds through the Bank. (2) Upon completion, a copy of this program shall be submitted to the Assistant Deputy Comptroller for review. In the event the Assistant Deputy Comptroller recommends changes to the program, the Board shall immediately incorporate those changes into the program. (3) The Board shall ensure that the Bank has processes, personnel, and control systems to ensure implementation of and adherence to the program developed pursuant to this Article.

Suspicious Activity Reports. Vision Bancshares shall promptly provide Park with a notice of any Suspicious Activity Report filed with any Regulatory Authority.

Suspicious Activity Reports. GNOG shall be responsible for preparing any and all Suspicious Activity Reports-Casinos (“SARCs”) relating to transactions conducted by GNOG with GNOG Players as required by Law, and promptly delivering such SARCs to GN to be filed by GN on GNOG’s behalf under the GN taxpayer identification number. For purposes of clarity, with respect to any SARCs prepared by GNOG and delivered to GN, the GNOG taxpayer identification number will be documented in the SARC narrative relating to the reported transaction. GN shall be responsible for preparing and filing any SARCs relating to transactions conducted by GN with GNOG Players at the GX xxxx (e.g., GN will be responsible for the preparing and filing of SARCs for cage withdrawals or deposits made by GNOG Players).

Suspicious Activity Reports. Broker shall be primarily responsible for filing suspicious activity reports on Form SAR-SF and shall coordinate such filing with Fortis. Broker shall, as soon as practical after identifying a suspicious activity and in any event prior to filing a suspicious activity report on SAR-SF, notify Fortis's Anti-Money Laundering Compliance Officer and shall, provided Broker and Fortis have made the filings contemplated by Paragraph 10.3.5 hereof, communicate with Fortis about the transaction for purposes of sharing information about the transaction and determining whether Broker or Fortis shall file the SAR-SF, unless such sharing of information is prohibited by law. Broker will provide Fortis with copies of all SAR-SFs and other communications it files with respect to accounts held at Fortis, unless prohibited by law. In addition, Broker shall promptly notify Fortis regarding any account activity Broker reasonably believes to be suspicious, not legitimate, not having a reasonably apparent explanation, or could support the filing of a Form SAR-SF.

Suspicious Activity Reports. (1) Within sixty (60) days, the Board shall develop, implement, and thereafter ensure Bank adherence to a written program to establish a system of internal controls and processes to ensure compliance with the requirements to file Suspicious Activity Reports set forth in 12 C.F.R. § 21.11, as amended. At a minimum, this written program shall establish procedures for identifying and reporting known or suspected violations of Federal law, violations of the Bank Secrecy Act, or suspicious transactions related to money laundering activity, including suspicious activity relating to the opening of new accounts, the monitoring of current accounts, and the transfer of funds through the Bank. (2) Upon completion, a copy of this program shall be submitted to the Assistant Deputy Comptroller for review. In the event the Assistant Deputy Comptroller recommends changes to the program, the Board shall immediately incorporate those changes into the program.

Suspicious Activity Reports. Axxxxxxx shall promptly provide Park and PNB with a notice of any Suspicious Activity Report filed with any regulatory agency.

Suspicious Activity Reports. Introducing Firm shall be responsible for reviewing for suspicious activities and filing suspicious activity reports on Form SAR-SF and shall coordinate such filing with Clearing Agent. Introducing Firm shall, as soon as practical after identifying a suspicious activity and in any event prior to filing a suspicious activity report on SAR-SF, notify Clearing Agent’s Anti-Money Laundering Compliance Officer and shall, provided each of Introducing Firm and Clearing Agent has made the filings contemplated by Section 7.3.9 hereof, communicate with Clearing Agent about the transaction for purposes of sharing information about the transaction and determining whether Introducing Firm or Clearing Agent shall file the SAR-SF, unless such sharing of information is prohibited by law. Introducing Firm will provide Clearing Agent with copies of all SAR-SFs and other communications it files with respect to accounts held at Clearing Agent, unless prohibited by law. In addition, Introducing Firm shall promptly notify Clearing Agent regarding any account activity Introducing Firm reasonably believes to be suspicious, not legitimate, not having a reasonably apparent explanation, or could support the filing of a Form SAR-SF.

Suspicious Activity Reports. (1) The Branch shall immediately develop, implement, and thereafter ensure Branch adherence to a written program to establish a system of internal controls and processes to ensure compliance with the requirements to file Suspicious Activity Reports set forth in 12 C.F.R. § 21.11, as amended. At a minimum, this written program shall establish procedures for identifying, monitoring and reporting known or suspected violations of Federal law, including violations of the Bank Secrecy Act, and suspicious activity, including suspicious activity relating to the opening of new accounts, the monitoring of current accounts, the processing of Trade Settlement Transactions, the extension of credit, and the transfer of funds through the Branch. (2) The Compliance Officer shall ensure that SARs are filed on all customers who submitted, or are believed to have submitted, fraudulent trade, credit or other documentation, and on all customers for whom any review conducted by or on behalf of the Branch indicated fraud and/or suspicious activity. If a SAR is filed on any customer pursuant to this paragraph, each additional Trade Settlement Transaction, if any, conducted by the Branch for the account of that customer (including any Related Account of the customer), or each additional extension of credit, if any, conducted by the Branch, must be approved in writing, and in advance, by the Compliance Officer or the General Manager of the Branch. (3) For purposes of this Agreement, the term “Trade Settlement Transaction” shall be broadly construed and includes: (a) Letters of credit; (b) Trust Receipt Financing; (c) Documentary collections; (d) Payments against invoices; (e) Discounting or creating bankers acceptances; (f) Payments against sight drafts; (g) Any other transaction customarily supported by bills of lading, commercial invoices, or other trade documents; and (h) Any type of transaction so designated by the Director. (4) Upon completion, a copy of this program shall be submitted to the Director for review. In the event the Director recommends changes to the program, the Branch shall immediately incorporate those changes into the program (5) The Branch shall ensure that it has processes, personnel, and control systems to ensure implementation of and adherence to the program developed pursuant to this Article.

Suspicious Activity Reports. (1) Within ninety (90) days of the date of this Agreement, the General Manager, with the approval of the Board, shall revise, implement, and thereafter ensure the Branches’ adherence to a written program establishing a system of internal controls and processes to ensure compliance with the requirements to file Suspicious Activity Reports set forth in 12 C.F.R.