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SEC Form 3UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 3OMB APPROVAL Washington, D.C. 20549OMB Number:32350104Estimated average burdenINITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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Bundy Richard is a form used to report information about certain financial accounts held outside the United States.
U.S. persons including citizens and residents are required to file Bundy Richard if they have a financial interest in or signature authority over foreign financial accounts.
Bundy Richard can be filled out electronically and submitted through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of Bundy Richard is to combat tax evasion and money laundering by providing the IRS with information about foreign financial accounts held by U.S. persons.
Bundy Richard requires information about the account holder, the financial institution where the account is held, and the maximum value of the account during the reporting period.
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