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COURSE ANNOUNCEMENT Course: M-410 Facilitative Instructor Dates: December 13-17, 2010 Location: MN Interagency Fire Center, Grand Rapids MN Sponsor: MICS Course Description: This training course is
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Fedfax stands for Federal Filing And Activity Xchange. It is a reporting system used by federal agencies to collect information about financial transactions.
Certain entities, such as federal agencies, state agencies, and financial institutions including banks and credit unions, are required to file fedfax.
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The purpose of fedfax is to collect and monitor financial transaction data to detect and prevent fraudulent activities, money laundering, and other financial crimes.
The information reported on fedfax includes details of financial transactions, such as the nature of the transaction, involved parties, transaction amounts, dates, and any additional relevant information.
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