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ARR News NEWSLETTER OF THE ALBUQUERQUE ROAD RUNNERS CLUB Vol 29, No 9 OCTOBER 2012 Mt. Taylor 50K Rocked! Inaugural Running of a New Club Race on September 29 Fantastic weather, incredible organization
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ARR news stands for Annual Report of Foreign Bank and Financial Accounts, it is a report required by the US Department of the Treasury to collect information on foreign financial accounts held by US persons.
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The purpose of ARR news is to combat money laundering, tax evasion, and other financial crimes by collecting information on foreign financial accounts held by US persons.
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The information reported on ARR news includes the account number, name on the account, name of the financial institution, account balance, and maximum value of the account during the reporting period.
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