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OFFICIAL NEWSLETTER OF THE FILIPINO AMERICAN ASSOCIATION OF WISCONSIN January 2014 Welcome Message from FLAWS President Joyce Court Save the dates for our upcoming events April 5 Bowling with Attitude
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Faawis stands for Financial Account Aggregation Widget and Information System.
Financial institutions and individuals with financial accounts exceeding a certain threshold are required to file faawis.
Faawis can be filled out online through the designated portal by providing information about the financial accounts.
The purpose of faawis is to aggregate and report information on financial accounts to ensure compliance with financial regulations and detect any discrepancies.
Information required to be reported on faawis includes details of financial accounts, account holders, balances, and transactions.
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