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B U D A P E S TB A RA S O C I A T I ON BUDAPEST INTERNATIONAL LEGAL DAY 2020 ORGANIZED BY THE BUDAPEST BAR ASSOCIATION IN COOPERATION WITH UNION INTERNATIONALE DES AVO CATS AND UNION DES AVO CATS EUROPEANS CONFERENCE
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BUCI stands for Business Unit Compliance Information, which is a reporting mechanism for businesses to provide information about their compliance with regulatory requirements.
Businesses that meet certain criteria set by regulatory authorities are required to file BUCI, typically those involved in certain industries or above a specific revenue threshold.
To fill out BUCI, businesses must gather the required information, complete the designated form provided by regulatory authorities, and submit it electronically or via mail by the deadline.
The purpose of BUCI is to ensure compliance with legal and regulatory requirements, promote transparency, and allow regulatory authorities to monitor business activities effectively.
Information reported on BUCI typically includes business identity details, revenue figures, compliance activities, and any violations or corrective actions taken.
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