[Federal Register Volume 64, Number 187 (Tuesday, September 28, 1999)]
[Notices]
[Page 52371]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-25143]
[[Page 52371]]
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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 burdens, 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
Office of Program Services within the Department of the Treasury is
soliciting comments concerning Treasury International Capital Form BQ-
1, Part 1: Reporting Bank's Own Claims, and Selected Claims of Broker
or Dealer, on Foreigners; and Part 2: Domestic Customers' Claims on
Foreigners Held by Reporting Bank, Broker or Dealer, Payable in
Dollars.
DATES: Written comments should be received on or before November 29,
1999, to be assured of consideration.
ADDRESSES: Direct all written comments to Dwight Wolkow, Administrator,
Treasury International Portfolio Investment Data Systems, Department of
the Treasury, Room 5205 M.T., 1500 Pennsylvania Avenue NW, Washington,
DC 20220.
FOR FURTHER INFORMATION CONTACT: Reqeusts for additional information or
copies of the forms and instructions should be directed to Dwight
Wolkow, Treasury International Portfolio Investment Data Systems,
Department of the Treasury, Room 5205 M.T., 1500 Pennsylvania Avenue
NW, Washington, DC 20220, (202) 622-1276.
SUPPLEMENTARY INFORMATION:
Title: Treasury International Capital Form BQ-1. Part 1: Reporting
Bank's Own Claims, and Selected Claims of Broker or Dealer, on
Foreigners; Part 2: Domestic Customers' Claims on Foreigners Held by
Reporting Bank, Broker or Dealer, Payable in Dollars.
OMB Number: 1505-0016.
Abstract: Form BQ-1 is part of the Treasury International Capital
(TIC) reporting system, which is required by law (22 U.S.C. 286f; 22
U.S.C. 3103; EO 10033; 31 CFR Part 128) and is designed to collect
timely information on international portfolio capital movements. This
quarterly report covers the U.S. dollar claims of banks, other
depository institutions, brokers and dealers, and of their domestic
customers vis-a-vis 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.
Type of Review: Extension.
Affected Public: Business or other for-profit.
Form BQ-1 (1505-0016).
Estimated Number of Respondents: 600.
Estimated Average Time per Respondent: Four (4) hours per
respondent per filing.
Estimated Total Annual Burden Hours: 9,600 hours, based on four
reporting periods per year.
Reqeust 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 BQ-1 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; ways to enhance the quality, usefulness,
and clarity of the information to be collected; ways to minimize the
reporting and/or recordkeeping burdens on respondents, including the
use of information technologies to automate the collection of the data;
and estimates of capital or start-up costs of operation,
maintenance,and purchases of services to provide information.
Dwight Wolkow,
Administrator, International Portfolio Investment Data Systems.
[FR Doc. 99-25143 Filed 9-27-99; 8:45 am]
BILLING CODE 4810-25-M
