Regulatory AlertsAdded · Updated
2023 NFIU Guidelines on STR Filing
Reporting Entities must file Suspicious Transaction Reports within 24 hours using the goAML platform, ensuring narratives are complete, accurate, and organized. The guidance mandates that narratives systematically address the Who, What, When, Where, Why, and How of the suspicious activity, including detailed suspect information, transaction mechanisms, and internal investigation findings. Filing late, providing incomplete narratives, or submitting inaccurate information is prohibited as it undermines law enforcement capabilities. Non-compliance with these filing standards subjects Reporting Entities to penalties for non-compliance.