Foreign Bank and Financial Accounts Reports
E6968
Foreign Bank and Financial Accounts Reports are mandatory U.S. filings that disclose individuals’ and entities’ financial interests in or authority over foreign bank and financial accounts to help prevent tax evasion and financial crimes.
All labels observed (7)
| Label | Occurrences |
|---|---|
| FBAR | 3 |
| FinCEN Form 114 | 2 |
| Report of Foreign Bank and Financial Accounts | 2 |
| FBARs | 1 |
| Foreign Bank and Financial Accounts Report | 1 |
| Foreign Bank and Financial Accounts Reports canonical | 1 |
| Form 114 | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T28656 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Foreign Bank and Financial Accounts Reports Context triple: [Financial Crimes Enforcement Network, collectsReportType, Foreign Bank and Financial Accounts Reports]
-
A.
Bank Secrecy Act
The Bank Secrecy Act is a U.S. law that requires financial institutions to assist government agencies in detecting and preventing money laundering, terrorist financing, and other financial crimes.
-
B.
Egmont Group of Financial Intelligence Units
The Egmont Group of Financial Intelligence Units is an international network that facilitates cooperation and information sharing among national financial intelligence units to combat money laundering, terrorist financing, and related financial crimes.
-
C.
Office of Terrorism and Financial Intelligence
The Office of Terrorism and Financial Intelligence is a U.S. Treasury division responsible for using financial tools, including sanctions and intelligence, to combat terrorism, money laundering, and other national security threats.
-
D.
Financial Crimes Enforcement Network
The Financial Crimes Enforcement Network (FinCEN) is a U.S. government bureau that collects and analyzes financial transaction data to combat money laundering, terrorist financing, and other financial crimes.
-
E.
IRE Transactions
IRE Transactions was a series of technical journals published by the Institute of Radio Engineers that disseminated influential research in electronics, radio, and related engineering fields.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Foreign Bank and Financial Accounts Reports Target entity description: Foreign Bank and Financial Accounts Reports are mandatory U.S. filings that disclose individuals’ and entities’ financial interests in or authority over foreign bank and financial accounts to help prevent tax evasion and financial crimes.
-
A.
Bank Secrecy Act
The Bank Secrecy Act is a U.S. law that requires financial institutions to assist government agencies in detecting and preventing money laundering, terrorist financing, and other financial crimes.
-
B.
Egmont Group of Financial Intelligence Units
The Egmont Group of Financial Intelligence Units is an international network that facilitates cooperation and information sharing among national financial intelligence units to combat money laundering, terrorist financing, and related financial crimes.
-
C.
Office of Terrorism and Financial Intelligence
The Office of Terrorism and Financial Intelligence is a U.S. Treasury division responsible for using financial tools, including sanctions and intelligence, to combat terrorism, money laundering, and other national security threats.
-
D.
Financial Crimes Enforcement Network
The Financial Crimes Enforcement Network (FinCEN) is a U.S. government bureau that collects and analyzes financial transaction data to combat money laundering, terrorist financing, and other financial crimes.
-
E.
IRE Transactions
IRE Transactions was a series of technical journals published by the Institute of Radio Engineers that disseminated influential research in electronics, radio, and related engineering fields.
- F. None of above. chosen
Statements (55)
| Predicate | Object |
|---|---|
| instanceOf |
U.S. financial reporting requirement
ⓘ
anti–money laundering measure ⓘ regulatory filing ⓘ |
| administeredBy |
United States Department of the Treasury
ⓘ
surface form:
U.S. Department of the Treasury
|
| alsoKnownAs |
Foreign Bank and Financial Accounts Reports
ⓘ
surface form:
FBAR
Foreign Bank and Financial Accounts Reports ⓘ
surface form:
FinCEN Form 114
|
| appliesTo |
U.S. citizens
ⓘ
U.S. entities ⓘ U.S. persons with foreign financial accounts ⓘ U.S. residents ⓘ domestic corporations ⓘ domestic limited liability companies ⓘ domestic partnerships ⓘ estates ⓘ trusts ⓘ |
| automaticExtensionUntil | October 15 ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| covers |
certain foreign retirement accounts
ⓘ
foreign bank accounts ⓘ foreign brokerage accounts ⓘ foreign mutual fund accounts ⓘ foreign securities accounts ⓘ other foreign financial accounts ⓘ |
| dataUsedBy |
U.S. federal agencies
ⓘ
surface form:
U.S. law enforcement agencies
tax authorities ⓘ |
| distinctFrom | FATCA Form 8938 ⓘ |
| enforcedBy |
Financial Crimes Enforcement Network
ⓘ
Internal Revenue Service ⓘ |
| filedVia | BSA E-Filing System ⓘ |
| filingDeadline | April 15 following the calendar year reported ⓘ |
| filingMethod | electronic filing ⓘ |
| legalBasis |
31 C.F.R. § 1010.350
ⓘ
31 U.S.C. § 5314 ⓘ Bank Secrecy Act ⓘ |
| nonWillfulViolationPenaltyType | civil monetary penalty ⓘ |
| objective |
to detect and deter offshore tax noncompliance
ⓘ
to support investigations of financial crimes ⓘ |
| purpose |
to combat money laundering
ⓘ
to combat tax evasion ⓘ to combat terrorist financing ⓘ to disclose U.S. persons’ financial interests in foreign financial accounts ⓘ to disclose U.S. persons’ signature or other authority over foreign financial accounts ⓘ to enhance financial transparency ⓘ |
| regulatedBy |
Financial Crimes Enforcement Network
ⓘ
surface form:
FinCEN
Financial Crimes Enforcement Network ⓘ |
| relatedTo | Internal Revenue Service ⓘ |
| requiredInformation |
account number of each foreign account
ⓘ
maximum value of each foreign account ⓘ name and address of foreign financial institution ⓘ name on each foreign account ⓘ type of foreign account ⓘ |
| scope | calendar-year reporting ⓘ |
| thresholdCondition | aggregate value of foreign financial accounts exceeds $10,000 at any time during the calendar year ⓘ |
| violationConsequence | potential criminal penalties ⓘ |
| willfulViolationPenaltyType | enhanced civil monetary penalty ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Foreign Bank and Financial Accounts Reports Description of subject: Foreign Bank and Financial Accounts Reports are mandatory U.S. filings that disclose individuals’ and entities’ financial interests in or authority over foreign bank and financial accounts to help prevent tax evasion and financial crimes.
Referenced by (11)
Full triples — surface form annotated when it differs from this entity's canonical label.
Financial Crimes Enforcement Network
→
collectsReportType
→
Foreign Bank and Financial Accounts Reports
ⓘ
this entity surface form:
Report of Foreign Bank and Financial Accounts
this entity surface form:
FBARs
this entity surface form:
Form 114
Foreign Bank and Financial Accounts Reports
→
alsoKnownAs
→
Foreign Bank and Financial Accounts Reports
ⓘ
this entity surface form:
FBAR
Foreign Bank and Financial Accounts Reports
→
alsoKnownAs
→
Foreign Bank and Financial Accounts Reports
ⓘ
this entity surface form:
FinCEN Form 114
subject surface form:
Bank Secrecy Act
this entity surface form:
Foreign Bank and Financial Accounts Report
this entity surface form:
FBAR
this entity surface form:
FinCEN Form 114
this entity surface form:
Report of Foreign Bank and Financial Accounts
this entity surface form:
FBAR