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Table of Contents Hermes in a Nutshell .......................................................................................................... 1 Introduction....................................................................................................................

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What is hermes in a nutshell?

Hermes is a financial reporting system used by financial institutions to report information on international capital flows.

Who is required to file hermes in a nutshell?

Financial institutions are required to file hermes reports.

How to fill out hermes in a nutshell?

Hermes reports can be filled out electronically using the designated reporting system.

What is the purpose of hermes in a nutshell?

The purpose of hermes is to track and analyze international capital flows for macroeconomic analysis and policy-making.

What information must be reported on hermes in a nutshell?

Information such as the country of origin, destination, amount, and type of financial transaction must be reported on hermes.

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