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RE S O L UT I O N NO. 2 2 2 0 1 3 APPROVING AMENDMENTS TO SECTIONS 25.2(a)(iv), 25.2(b)(iv) AND 25.2(c)(iv) OF THE REVISED IMPLEMENTING RULES AND REGULATIONS OF REPUBLIC ACT NO. 9184 WHEREAS, Section
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What is re s o l?
Re s o l stands for Report of Foreign Bank and Financial Accounts.
Who is required to file re s o l?
Any United States person who has a financial interest in or signature authority over foreign financial accounts must file a Report of Foreign Bank and Financial Accounts (re s o l).
How to fill out re s o l?
Re s o l can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
What is the purpose of re s o l?
The purpose of re s o l is to report foreign financial accounts and ensure compliance with the Bank Secrecy Act.
What information must be reported on re s o l?
Re s o l requires the reporting of the maximum value of each foreign financial account during the calendar year.
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