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FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES OMB APPROVAL OMB Number: 32350104 Estimated average burden hours
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How to fill out initial statement of beneficial

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How to fill out initial statement of beneficial

01
Start by gathering all the necessary information about the beneficial owner, such as their full name, date of birth, residential address, and contact details.
02
Next, identify the specific company or organization for which the initial statement of beneficial is being filled out.
03
Provide details about the relationship between the beneficial owner and the company, including the nature and extent of their ownership or control.
04
Clearly state the purpose and reason for preparing the initial statement of beneficial.
05
Ensure that all the information provided is accurate and up-to-date.
06
Review the filled-out initial statement of beneficial for any errors or missing information.
07
Sign and date the document, indicating your acknowledgment and agreement to the information provided.
08
Submit the completed initial statement of beneficial to the relevant authority or organization as required.

Who needs initial statement of beneficial?

01
The initial statement of beneficial is typically needed by financial institutions, corporate entities, and organizations as part of their Know Your Customer (KYC) procedures.
02
It is also required by regulatory bodies and government agencies to ensure transparency and prevent money laundering or other illicit activities.

What is Initial Statement of Beneficial Ownership ( 3 ... Form?

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The initial statement of beneficial is a form that discloses information about individuals or entities that have a significant ownership interest in a company.
Any individual or entity that meets the threshold for reporting ownership interest in a company is required to file the initial statement of beneficial.
The initial statement of beneficial can usually be filled out online or submitted through a designated platform provided by the regulatory authority.
The purpose of the initial statement of beneficial is to provide transparency and prevent money laundering and other financial crimes by disclosing ownership interests in companies.
Information such as the name, address, and percentage of ownership of the individual or entity must be reported on the initial statement of beneficial.
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