[Federal Register Volume 59, Number 239 (Wednesday, December 14, 1994)]
[Unknown Section]
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From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-30683]
[[Page Unknown]]
[Federal Register: December 14, 1994]
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FEDERAL RESERVE SYSTEM
Agency Forms Under Review
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice.
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Background
On June 15, 1984, the Office of Management and Budget (OMB)
delegated to the Board of Governors of the Federal Reserve System
(Board) its approval authority under the Paperwork Reduction Act of
1980, as per 5 CFR 1320.9, to approve of and assign OMB control numbers
to collection of information requests and requirements conducted or
sponsored by the Board under conditions set forth in 5 CFR 1320.9.
Board-approved collections of information will be incorporated into the
official OMB inventory of currently approved collections of
information. A copy of the OMB 83-I and supporting statement and the
approved collection of information instrument(s) will be placed into
OMB's public docket files. The following forms, which are being handled
under this delegated authority, have received initial Board approval
and are hereby published for comment. At the end of the comment period,
the proposed information collection, along with an analysis of comments
and recommendations received, will be submitted to the Board for final
approval under OMB delegated authority.
DATES: Comments must be submitted on or before December 29, 1994.
ADDRESSES: Comments, which should refer to the OMB Docket number (or
Agency form number in the case of a new information collection that has
not yet been assigned an OMB number), should be addressed to Mr.
William W. Wiles, Secretary, Board of Governors of the Federal Reserve
System, 20th and C Streets, NW., Washington, DC 20551, or delivered to
the Board's mail room between 8:45 a.m. and 5:15 p.m., and to the
security control room outside of those hours. Both the mail room and
the security control room are accessible from the courtyard entrance on
20th Street between Constitution Avenue and C Street, NW. Comments
received may be inspected in room B-1122 between 9:00 a.m. and 5:00
p.m., except as provided in Sec. 261.8 of the Board's Rules Regarding
Availability of Information, 12 CFR 261.8(a).
A copy of the comments may also be submitted to the OMB desk
officer for the Board: Milo Sunderhauf, Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Room 3208, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: A copy of the proposed form, the
request for clearance (OMB 83-I), supporting statement, instructions,
and other documents that will be placed into OMB's public docket files
once approved may be requested from the agency clearance officer, whose
name appears below. Mary M. McLaughlin, Federal Reserve Board Clearance
Officer (202-452-3829), Division of Research and Statistics, Board of
Governors of the Federal Reserve System, Washington, DC 20551. For the
hearing impaired only, Telecommunications Device for the Deaf (TTD)
Dorothea Thompson (202-452-3544), Board of Governors of the Federal
Reserve System, Washington, DC 20551.
Proposal To Approve Under OMB Delegated Authority the Implementation of
The Following Report
Report title: Survey of Foreign Exchange and Derivatives Market
Activity.
Agency form number: FR 3036a (version for financial institutions)
and FR 3036c (version for brokers).
OMB Docket number: 7100-0275.
Frequency: One-time survey.
Reporters: The Foreign exchange turnover portion of the survey
would include all financial institutions and brokers that are
principals in the foreign exchange market in the United States. The
derivatives portion of the survey would cover a small subset of this
panel.
Annual reporting hours: 19,760.
Estimated average hours per response: Foreign exchange portion: 40
hours; derivatives portion: 140 hours.
Number of respondents: Financial firms: 204 respondents to foreign
exchange portion, 70 respondents to derivatives portion; Brokers: 17
respondents to foreign exchange portion; 8 respondents to derivatives
portion.
Small businesses are not affected.
General description of report: This information collection is
voluntary and is authorized by law [12 U.S.C. 248(a), 353-359, and
3105(b)] and is given confidential treatment [5 U.S.C. 552(b)(4)].
Abstract: This survey of the foreign exchange and financial
derivatives markets will be conducted in April 1995. The data collected
from the survey will provide information about the size and structure
of the global markets for foreign exchange and financial derivatives
products. The survey will be conducted in coordination with other
central banks, and aggregate results from each central bank's survey
will be provided to the BIS for the production of global market
statistics.
Board of Governors of the Federal Reserve System, December 8,
1994.
William W. Wiles,
Secretary of the Board.
[FR Doc. 94-30683 Filed 12-13-94; 8:45 am]
BILLING CODE 6210-01-P
