03-26876. Submission for OMB Review; Comment Request

DOC has submitted to the Office of Management and Budget (OMB) for clearance the following proposal for collection of information under the provisions of the Paperwork Reduction Act (44 U.S.C. Chapter 35).

Agency: Bureau of Economic Analysis.

Title: Annual Survey of Financial Services Transactions Between U.S. Financial Services Providers and Unaffiliated Foreign Persons.

Form Number(s): BE-82.

Agency Approval Number: 0608-0063.

Type of Request: Extension of a currently approved collection without any change in the substance or in method of collection.

Burden: 2,100 hours.

Number of Respondents: 300.

Avg Hours Per Response: 7.

Needs and Uses: The Government requires data from the BE-82, Annual Survey of Financial Services Transactions Between U.S. Financial Services Providers and Unaffiliated Foreign Persons, to obtain accurate and up-to-date information on U.S. financial services transactions with unaffiliated foreign persons. It will use the data collected in monitoring U.S. exports and imports of financial services; analyzing their impact on the U.S. and foreign economies; supporting U.S. international trade policy on financial services; compiling the international transactions, national income and product, and input-output accounts of the United States; assessing U.S. competitiveness in international trade in services; and improving the ability of U.S. businesses to identify and evaluate market opportunities.

Affected Public: U.S. businesses or other for-profit institutions engaging in international financial services transactions with unaffiliated foreign persons.

Frequency: Annual.

Respondent's Obligation: Mandatory.

Legal Authority: Title 22 U.S.C., Sections 3101-3108, as amended.

OMB Desk Officer: Paul Bugg, [phone].

You may obtain copies of the above information collection proposal by calling or writing Departmental Paperwork Clearance Officer, Diana Hynek, [phone], Department of Commerce, Room 6086, 14th and Constitution Avenue, NW., Washington, DC 20230 or by e-mail to [e-mail].

Send comments on the proposed information collection within 30 days of publication of this notice to Paul Bugg, OMB Desk Officer, via e-mail at [e-mail] or by fax at [phone].

Dated: October 21, 2003.

Madeleine Clayton,

Management Analyst, Office of the Chief Information Officer.