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EUROPEAN UNION OF MEDICAL SPECIALISTS (GEMS) E U R O P E A N A C C R E D I TAT I O N C O U N C I L O N C M E (EAC CME) RUE DE INDUSTRIES 24, BE 1040 BRUSSELS T + 32 2 649 51 64 F + 32 2 640 37 30
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EUR is the currency code for the euro, the official currency of the European Union.
Entities engaged in financial transactions that meet certain criteria are required to file a report known as E.U.R.O (European Union Reporting Obligations).
E.U.R.O reports can usually be filled out electronically through designated reporting portals or platforms provided by regulatory authorities.
The purpose of E.U.R.O is primarily to prevent money laundering and terrorist financing by monitoring and reporting financial transactions that meet certain criteria.
Information such as the parties involved in the transaction, the amount, currency, and purpose of the transaction, as well as any suspicious activity indicators, must be reported on E.U.R.O.
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