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Rev. 11/21FACTSWHAT DOES CENTURY FEDERAL CREDIT UNION DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right
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FACTS (Financial Accounting and Compliance Tracking System) is a new reporting framework used to gather and monitor financial data and compliance information from various entities.
Entities that meet specific financial thresholds or regulatory requirements are mandated to file under FACTS.
To fill out FACTS, entities should gather necessary financial documents, access the FACTS filing portal, and complete the required forms by providing accurate financial information.
The purpose of FACTS is to enhance transparency and ensure compliance with financial regulations by providing a structured way to report financial data.
Entities must report detailed financial information including revenue, expenses, assets, and liabilities as dictated by the reporting guidelines.
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