[Federal Register Volume 61, Number 54 (Tuesday, March 19, 1996)]
[Notices]
[Pages 11234-11235]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-6470]
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DEPARTMENT OF THE TREASURY
Departmental Offices; Proposed Collection; Comment Request
ACTION: Notice and request for comments.
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SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to comment on an information
collection that is due for renewed approval by the Office of Management
and Budget. The comment period is required by the Paperwork Reduction
Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently,
the Office of International Financial Analysis within the Department of
the Treasury is soliciting comments
[[Page 11235]]
concerning Treasury International Capital Form S, Purchases and Sales
of Long-Term Securities by Foreigners.
DATES: Written comments should be received on or before May 13, 1996 to
be assured of consideration.
ADDRESSES: Direct all written comments to Gary A. Lee, Manager,
Treasury International Capital Reporting System, Department of the
Treasury, Room 5452-A, 1500 Pennsylvania Avenue NW, Washington, DC
20220.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or copies of the forms and
instructions should be directed to Gary A. Lee, Manager, Treasury
International Capital Reporting System, Department of the Treasury,
Room 5452-A, 1500 Pennsylvania Avenue NW, Washington, DC 20220, (202)
622-2270.
SUPPLEMENTARY INFORMATION:
Title: Purchases and Sales of Long-Term Securities by Foreigners,
Treasury International Capital Form S.
OMB Number: 1505-0001.
Abstract: Form S is required by law (22 USC 286f; 22 USC 3103; EO
10033; 31 CFR 128) and is designed to collect timely information on
international portfolio capital movements. This report covers monthly
purchases and sales of long-term domestic and foreign securities in
transactions between U.S. persons and foreign residents. This
information is necessary for compiling the U.S. balance of payments
accounts, for calculating the U.S. international investment position,
and for use in formulating U.S. international financial and monetary
policies.
Current Actions: No changes to reporting requirements are proposed
at this time. Minor revisions to instructions will aim to clarify
current reporting requirements, but will not affect current paperwork
burden.
Type of Review: Extension.
Affected Public: Business or other for-profit.
Estimated Number of Respondents: 475.
Estimated Average Time per Respondent: Five (5) hours per
respondent per filing.
Estimated Total Annual Burden Hours: 28,500 hours, based on twelve
reporting periods per year.
REQUEST FOR COMMENTS: Comments submitted in response to this notice
will be summarized and/or included in the request for OMB approval. All
comments will become a matter of public record. The public is invited
to submit written comments concerning: whether Form S is necessary for
the proper performance of the functions of the Office, including
whether the information collected has practical uses; the accuracy of
the above burden estimates; how to enhance the quality, usefulness, and
clarity of the information to be collected; and how to minimize the
reporting and/or recordkeeping burdens on respondents, including the
use of information technologies to automate the collection of the data.
Thomas Ashby McCown,
Director, Office of International Financial Analysis.
[FR Doc. 96-6470 Filed 3-18-96; 8:45 am]
BILLING CODE 4810-25-M
