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FLINDERS NEWSLETTER October 201102/11F L I N D E R SU N I V E R S I T YB R A N CH From the Branch President In this Issue: From the Branch President1 Introducing Kevin Rouse, SA DivisionSecretary1 Indigenous
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The acronym FLIN stands for Foreign Bank and Financial Accounts Report.
Any United States person who has a financial interest in or signature authority over foreign financial accounts must file FLIN.
FLIN can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
The purpose of FLIN is to report foreign financial accounts to the U.S. government to combat money laundering and tax evasion.
FLIN requires information about the foreign financial accounts including the account number, name of financial institution, and maximum value during the reporting period.
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