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The number of suspicious activity reports that banks, money services businesses and other U.S. financial institutions filed to the Treasury Department’s Financial Crimes Enforcement Network rose from 4.3 million to 4.6 million from fiscal years 2022 to 2023, the bureau disclosed Friday.

But SARs filed on potentially fraudulent transactions dropped from 2.1 million to 1.8 million, while those filed on suspected attempts to launder money fell dramatically, from 2.9 million to 1.6 million last fiscal year. The overall reporting burden meanwhile ended slightly less top-heavy, with the 10 most prolific filers  accounting for 48 percent of all SARs in fiscal year 2023, down from 52 percent.