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T O G E T H E R
ST R O N G
N E W B E N E F I T S F O R A N E W D A I N H E A L T H C A R E
2014 BENEFITS GUIDE
ALL SALARIED EMPLOYEES
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What is st r o n?
Stron stands for Suspicious Transaction and Order Report, it is a report that financial institutions must file with the authorities when they suspect or detect a transaction or order that may be related to money laundering or other illicit activities.
Who is required to file st r o n?
Financial institutions such as banks, credit unions, and broker-dealers are required to file strons.
How to fill out st r o n?
Stron must be filled out electronically through the designated reporting system of the relevant financial authority.
What is the purpose of st r o n?
The purpose of stron is to help combat money laundering, terrorism financing, and other illicit activities by allowing authorities to investigate suspicious transactions and orders.
What information must be reported on st r o n?
Stron must include details about the transaction or order in question, as well as any supporting evidence or documentation.
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