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1ftcrrv op William ZimmerPublic Service AdministratorDepartment of Public Works Daniel S. Palermo MayorIAPfAGENDA ROVED FOR I OF 0Lf8 N Date:4/1/2014To:Honorable Mayor Palermo Honorable City Council
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1-ft stands for Form 1 - Financial Transactions Report.
Financial institutions, such as banks, credit unions, and money services businesses, are required to file Form 1 - Financial Transactions Report.
Form 1 - Financial Transactions Report can be filled out online or submitted in paper form. It requires information about certain financial transactions.
The purpose of Form 1 - Financial Transactions Report is to assist in the detection and prevention of money laundering and other financial crimes.
Form 1 - Financial Transactions Report requires information about certain financial transactions, including the amount, nature, and parties involved.
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