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SEC Form 4UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).OMB Number:2. Issuer
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CBS Class B refers to a type of document used for reporting foreign bank and financial accounts.
Individuals who have a financial interest in, or signature authority over, foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year are required to file CBS Class B.
CBS Class B can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of CBS Class B is to report foreign bank and financial accounts to help detect and prevent money laundering, tax evasion, and other financial crimes.
CBS Class B requires reporting the account number, name and address of the foreign financial institution, and the maximum value of the account during the reporting period.
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