What type of SAR is filed if a member is terminated for AML compliance reasons?

In the context of Anti-Money Laundering (AML) compliance and reporting requirements, a specific type of SAR (Suspicious Activity Report) is required when a member of an organization is terminated for reasons related to AML compliance. This situation typically involves activities that raise concerns regarding money laundering, and thus, the report acts as a formal notification to relevant authorities about potential illicit behavior.

A termination due to AML compliance issues indicates a significant risk or violation associated with the member's actions. Therefore, filing a Marijuana Termination SAR is appropriate, as it is specifically designed for scenarios where the termination of an individual engaged in marijuana-related activities was prompted by AML compliance violations.

This SAR captures the details of the termination and the surrounding circumstances, allowing regulators to assess the risks and take appropriate actions if necessary. Other options do not align with the specificity of the situation; they either pertain to marijuana-related activities under different contexts or lack the same level of tailored reporting that a termination due to AML concerns necessitates.