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CIRCULAR U.S. Department of Transportation Federal Transit Administration FTA C 9040.1FApril 1, 2007 Subject: URBANIZED AREA FORMULA PROGRAM GUIDANCE AND GRANT APPLICATION INSTRUCTIONS1.×PURPOSE.
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FTAC 9040 is a form used to report certain financial transactions to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
Certain businesses and individuals who are subject to reporting requirements under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act are required to file FTAC 9040.
FTAC 9040 can be filled out electronically through FINTRAC's online reporting system. Information such as transaction details, client information, and suspicious activities must be reported.
The purpose of FTAC 9040 is to help detect and prevent money laundering and terrorist financing activities by collecting information on certain financial transactions.
Information such as the type of transaction, amount, date, parties involved, and the purpose of the transaction must be reported on FTAC 9040.
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