8 Filing Regulatory Reports

How to file an approved report to the FinCEN's BSA E-Filing System, upload the acknowledgment into USSAR Cloud Service, and complete the SAR process is described here. Only users mapped to the role of Super User and Admin User can generate an E-file. When a report is created in the application, the report details are entered and then submitted for approval. After analysis, an Analyst submits the report for approval, Supervisor validates the report details, and either approves, rejects, or closes the report.

If the supervisor approves the report, then the report is available for E-file generation. The generated E- file is submitted to FinCEN's BSA E-Filing System. The E-file is validated by FinCEN, and an acknowledgment (XML file) is generated. Then the acknowledgment file is uploaded into the USSAR Cloud Service. The USSAR Cloud Service associates the FinCEN returned BSA Identifier to each SAR within the E-file. By this, the SAR process is marked as completed.

Figure 8-1 Workflow for Filing the Regulatory Report

Description of "Figure 8-1 Workflow for Filing the Regulatory Report"

Topics:

• Searching Approved Reports
• Generating E-File
• Downloading E-Files
• Submitting E-Files at FinCEN
• Downloading E-File Acknowledgments from FinCEN
• Uploading E-File Acknowledgments to USSAR Cloud Service
• Rejecting Reports from E-File
• Completing the SAR Process
• Generating Revised Reports