Disclosure Prohibited

Disclosure Prohibited - MSBs (including any director, officer, or employee of MSBs) are prohibited from disclosing to a person involved in the transaction that a suspicious activity report (SAR) has been filed. The disclosure prohibition includes providing any information that would disclose that a SAR has been filed.

A person who is subpoenaed or asked to disclose a SAR (other than by FinCEN or a regulatory or law enforcement agency) shall decline to produce the SAR and shall notify FinCEN of the request.

Protection from Civil Liability
A reporting MSB, and any director, officer, employee, or agent of such reporting MSB, that files a suspicious activity report, whether required by the MSB SAR rule or filed voluntarily, is protected from civil liability with respect to any statements made in the report.

18 U.S.C. 5318(g), 31CFR 103.20 (d)