12 CFR 21.11

Requires national banks to file SARs for suspected criminal activity, money laundering, or BSA violations, meet specified reporting thresholds and deadlines, maintain records, and keep SAR information confidential.

Rule Overview

Jurisdiction: United States

Regulator: FinCEN, Office of Comptroller of the Currency (OCC)

Topic: Reporting

12 CFR 21.11

Latest News

FINTRAC fines First Nations Bank of Canada C$600,000 for AML/ATF compliance failures

Quick Read

Premium

The agency claims the bank neglected to file STRs in 31% of cases containing at least one suspicious transaction, among other deficiencies.

Alexander Barzacanos

October 17, 2025

View More News

Latest News

The identity archive nobody meant to build

Back to School: Proposed regs, pending laws, and proactive compliance

How Poland lost $230mn trying to buy Venezuelan oil with crypto

Latest News

Records raise questions about Medicare AI prior authorization pilot

SEC proposes rescission of longstanding shareholder proposal rule

FCA work in review: September 10-16, 2026

Latest News

Gates Foundation pledges $1 billion for equitable AI

Geopolitical instability drives up Middle East ransomware attacks by 20x

AI cyberthreats are a paradigm shift for cybersecurity

Latest News

GRIP Extra: Clarity Act blocked, DORA incident reporting instructions published

Daniel Ahn on DOJ ‘supercharging’ healthcare-related fraud enforcements

GRIP Extra: FBI releases cyber strategy, EC proposes new innovation act

Latest News

GRIP Extra: Clarity Act blocked, DORA incident reporting instructions published

Records raise questions about Medicare AI prior authorization pilot

SEC proposes rescission of longstanding shareholder proposal rule

12 CFR 21.11

Latest News

FINTRAC fines First Nations Bank of Canada C$600,000 for AML/ATF compliance failures

Further Reading