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Feedback & Ongoing Coaching for University Success FOCUS Management / Professional Performance Evaluation Review Feedback Period Employee Name Job Title Supervisor's Name Supervisor's Title Performance
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What is f o c u?
FOCU stands for Foreign Bank and Financial Accounts Report.
Who is required to file f o c u?
US persons, including individuals, corporations, partnerships, trusts, and estates, who have a financial interest in or signature authority over foreign financial accounts are required to file FOCU.
How to fill out f o c u?
FOCU can be filed electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
What is the purpose of f o c u?
The purpose of FOCU is to prevent tax evasion and money laundering by requiring the disclosure of foreign financial accounts.
What information must be reported on f o c u?
FOCU requires reporting of the maximum value of each foreign financial account during the calendar year and the details of the account.
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