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Walton (Re) IN THE MATTER OF The Investment Dealers Association of Canada, Ontario District Council, and James Neil Walton 1996 I.D.A.C.D. No. 29 Bulletin No. 2332, December 16, 1996, Investment Dealers
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Walton Re is a form used for reporting foreign financial accounts as required by the U.S. Department of Treasury.
U.S. persons with foreign financial accounts that exceed certain thresholds are required to file Walton Re.
Walton Re can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of Walton Re is to prevent money laundering and tax evasion by monitoring foreign financial accounts.
Information such as account numbers, financial institution details, and maximum account values must be reported on Walton Re.
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