Printer friendly

What does ACTREP stand for?

ACTREP stands for Activity Report

This definition appears very rarely

Samples in periodicals archive:

Reported incidences of suspicious activity in commercial real estate financing (CREF) almost tripled between 2007 and 2010, according to an analysis of suspicious activity reports (SARs) filed by depository institutions The new analysis of SARs released by the Financial Crimes Enforcement Network (FinCEN) on March 30 found that filings that reported potential commercial real estate financing fraud came from institutions of varying sizes and locations.
5% increase in suspicious activity reports for mortgage fraud during the third quarter of 2009 compared to the same period in 2008, according to data compiled by the Treasury Department's Financial Crimes Enforcement Network.
Though written to catch suspicious transactions like large cash deposits or unusual wire transfers from foreign sources, experts say that fear of noncompliance with the regulations has scared some in the financial community into filing Suspicious Activity Reports at even minor discrepancies.
The five federal financial institutions supervisory agencies -- the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision, together with the Financial Crimes Enforcement Network (FinCEN) -- issued on June 19, 2000, a newly revised Suspicious Activity Report (SAR) form.