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This document is a statement for Universal Sompo General Insurance Company Limited regarding the downgraded investments in PH and SH funds, required to be submitted quarterly.
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How to fill out NL-37-DOWN GRADING OF INVESTMENT-2

01
Obtain a copy of the NL-37-DOWN GRADING OF INVESTMENT-2 form.
02
Read the instructions provided with the form carefully.
03
Fill out your personal details in the designated fields, such as name, address, and identification number.
04
Clearly indicate the type of investment you are downgrading.
05
Provide details on the reason for the downgrade in the specified section.
06
Include any supporting documentation that may be required.
07
Review your completed form for accuracy and completeness.
08
Submit the form to the relevant authority by the specified deadline.

Who needs NL-37-DOWN GRADING OF INVESTMENT-2?

01
Investors looking to downgrade their current investments.
02
Financial institutions processing investment downgrade requests.
03
Tax professionals assisting clients with investment adjustments.
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NL-37-DOWN GRADING OF INVESTMENT-2 is a form used to report the downgrading of investments held by financial entities, providing details on the specific investment and the reasons for the downgrade.
Financial institutions, investment firms, and any entities managing investments that have experienced a downgrade need to file NL-37-DOWN GRADING OF INVESTMENT-2.
To fill out NL-37-DOWN GRADING OF INVESTMENT-2, provide the required information about the investment, including its current status, previous ratings, downgrade details, and any relevant documentation that supports the downgrade.
The purpose of NL-37-DOWN GRADING OF INVESTMENT-2 is to ensure compliance with regulatory requirements by reporting significant changes in the investment status, thereby allowing for transparency in financial reporting.
The information that must be reported includes the investment identifier, previous and current ratings, the date of the downgrade, rationale for the downgrade, and any potential impact on financial statements.
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