CFI 168 TREAS FINCEN SAR Activity Review

FinCEN –SAR Activity Review 2008 Final

Customer Satisfaction Questionnaire

FinCEN – SAR Activity Review

Customer Satisfaction Survey 2008

Introduction

FinCEN is committed to serving and satisfying their customers and has commissioned the CFI Group, an independent third-party research group, to conduct this survey. We are asking for your institution’s feedback on this survey so that FinCEN can improve their SAR Activity Review products. If you are not the Bank Secrecy Act/Anti-Money Laundering Compliance Officer at your institution, please inform them of your receipt of this survey and ask for their additional input.

CFI Group will treat all information you provide as confidential. All information you provide will be combined with others’ for research and reporting purposes. Your individual responses will not be released.

This survey is authorized by the U.S. Office of Management and Budget Control No. 1505-0191.

Demographics

SCREENER. Are you familiar FinCEN’s SAR Activity Review products? This includes the SAR Activity Review – Trends, Tips & Issues and SAR Activity Review – By the Numbers.

1. Yes (CONTINUE)

2. No (TERMINATE INTERVIEW)

3. Don’t Know/Refused (TERMINATE INTERVIEW)

Demo1. Which of the following best describes your organization?

1. Depository Institution (e.g. banks, credit union)

2. Money Services Business (e.g. currency exchangers, check cashers, money transmitter, issuer/seller/redeemer of money orders and travelers checks)

3. Futures Commissions Merchants

4. Introducing Brokers

5. Commodity Trading Advisors

6. Commodity Pool Operators

7. Other (specify)

Demo2. How do you obtain the SAR Activity Review products?

1. Through FinCEN’s website

2. Through my federal regulator’s website

3. Through an industry association website

4. Other (specify)

Demo 3. Which best describes how often you visit the FinCEN website (www.fincen.gov)?

1. Daily

2. Weekly

3. Monthly

4. Every six months or less

5. Never

Usefulness – Trends, Tips & Issues

TTI1. Have you read an issue of The SAR Activity Review – Trends, Tips & Issues?

1. Yes

2. No

(If “No” skip to BTN1 ‘The SAR Activity Review – By the Numbers’)

Please rate the usefulness of the following recurring sections in The SAR Activity Review – Trends, Tips & Issues, use a scale from “1” to “10,” where “1” means “not very useful” and “10” means “very useful.” If you are unfamiliar with a section please indicate N/A.

TTI2. Trends and Analysis

TTI3. Law Enforcement Cases

TTI4. Tips on SAR Form Preparation & Filing

TTI5. Issues & Guidance

TTI6. Industry Forum

TTI7. Appendix – Index of Topics from current and previous editions

Value of information – Trends Tips & Issues

On a scale from “1” to “10,” where “1” is “poor” and “10” is “excellent,” please rate the value of the information in The SAR Activity Review – Trends, Tips & Issues on the following:

TTI8. Helping you improve your BSA/Anti-money laundering program

TTI9. Providing feedback on the use of Suspicious Activity Reports filed by your industry

TTI10. Provide guidance on filing requirements

TTI11. Again, using a scale from “1” to “10,” where “1” means “poor” and “10” means “excellent,” please rate the opportunity provided by this publication for you to suggest future topics.

TTI12. What would you change to improve Trends, Tips & Issues? (Open-ended)

Usefulness – By the Numbers

BTN1. Have you read an issue of The SAR Activity Review – By the Numbers?

1. Yes

2. No

(If “No” skip to ACSI1 - ‘ACSI Benchmark Questions’)

Please rate the usefulness of the following recurring sections in The SAR Activity Review – By the Numbers, use a scale from “1” to “10,” where “1” means “not very useful” and “10” means “very useful.” If you are unfamiliar with a section please indicate N/A.

BTN2. Filings by Year & Month

BTN3. Filings by States & Territories

BTN4. Number of Filings Ranked by States & Territories in Descending Order

BTN5. Number of Filings by Characterization of Suspicious Activity

BTN6. Violations by State & Territory by Year

If DEMO1 = 1 Depository Institution ASK BTN7, BTN8

BTN7. Filings by Primary Federal Regulator

BTN8. Relationship of Suspect to Financial Institution

If DEMO1 = 2 Money Service Business ASK BTN9, BTN10

BTN9. Filings by Type of Filer

BTN10. Filings by Financial Services Involved

If DEMO1 = 3, 4, 5, or 6 Securities and Futures Broker/Dealer ASK BTN11, BTN12

BTN11. Filings by Instrument Type

BTN12. Filings by Type of Reporting Institution

Value of information – By the Numbers

On a scale from “1” to “10,” where “1” is “poor” and “10” is “excellent,” please rate the value of the information in the SAR Activity Review – By the Numbers on the following:

Info1 Usefulness in improving your BSA/Anti-money laundering compliance program

Info2 Allowing you to compare filing volumes across states and territories

BTN13. What would you change to improve By the Numbers? (Open-ended)

ACSI Benchmark Questions

Now we are going to ask you to please consider your experiences with these publications with respect to the following:

1. First, please consider your experiences to date with FinCEN’s publications, The SAR Activity Review – Trends, Tips & Issues and By the Numbers. Using a 10-point scale on which “1” means “Very dissatisfied” and “10” means “Very satisfied,” how satisfied are you with these publications?

2. To what extent have these publications met your expectations? Please use a 10-point scale on which "1" now means "not met your expectations" and "10" means "Exceeds your expectations."

3. Forget about FinCEN for a moment. Now, imagine the ideal feedback, guidance and information publication. How well do you these two publications compare with that ideal? Please use a 10-point scale on which "1" means "Not very close to the ideal" and "10" means "Very close to the ideal."

Closing

FinCEN would like to thank you for your time and participation today. Your feedback is greatly appreciated.

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