STR usually involves the confidential personal information of the clients. And might elevate potential significant legal consequences. Therefore, it is a wise decision to file the STRs confidentially.In addition to that, when the STRs are being filed, the people associated are not informed or discussed the transactions they are being accounted for. Also, this activity is not addressed with any third parties like the media. Here are a few factors that help in maintaining the confidentiality of the STR process.The STR documents are reviewed for effectiveness and preciseness by management personnel, attorneys, and financial investors.AML/CFT Compliance Officer who initiates STR is awarded special privileges in order to keep and maintain confidentiality.The reporters of the STR are provided immunity for all the statements they have prepared in order to file the STR.