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U.S. DEPARTMENT FederalEmergencyNationalOF HOMELANDManagementFlood InsuranceCERTIFICATEELEVATIONSECURITYOMB No. 1660 0008Expires March 31, 2012AgencyImportant: Read the instructions on pages 1 9.
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What is sums?
Sums stands for Statement of Ultimate Beneficial Owners and is a report that discloses the ultimate beneficial owners of a company.
Who is required to file sums?
All companies are required to file sums with the relevant authorities.
How to fill out sums?
Sums can be filled out online through the designated portal provided by the regulatory authorities.
What is the purpose of sums?
The purpose of sums is to increase transparency and accountability by disclosing the ultimate beneficial owners of a company.
What information must be reported on sums?
Sums typically require information such as the names, addresses, and shareholdings of the ultimate beneficial owners.
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