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Commonwealth of Massachusetts Executive Office of Health and Human ServicesDepartment of Transitional Assistance 600 Washington Street y Boston, MA 02111MITT ROMNEYTIMOTHY MURPHYGovernorSecretaryKERRY
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FS NPA refers to the Financial Statement Non-Performing Assets, which are assets that are not generating income and are typically loans or advances that are in default or close to being in default.
Financial institutions, banks, and companies that hold non-performing assets are required to file FS NPA.
To fill out FS NPA, entities must provide detailed information about their non-performing assets, including the types of assets, the amount due, and the duration of non-performance in prescribed forms or formats.
The purpose of FS NPA is to ensure transparency in the reporting of non-performing assets by financial institutions and to facilitate regulatory oversight.
Information that must be reported on FS NPA includes the classification of non-performing assets, outstanding amounts, debtor details, and the provisioning status.
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