[Federal Register Volume 77, Number 221 (Thursday, November 15, 2012)]
[Notices]
[Pages 68206-68207]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-27808]
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DEPARTMENT OF THE TREASURY
Survey of U.S. Ownership of Foreign Securities as of December 31,
2012
AGENCY: Departmental Offices, Department of the Treasury.
ACTION: Notice of reporting requirements.
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SUMMARY: By this Notice and in accordance with 31 CFR 129, the
Department of the Treasury is informing the public that it is
conducting a mandatory survey of ownership of foreign securities by
U.S. residents as of December 31, 2012. This Notice constitutes legal
notification to all United States persons (defined below) who meet the
reporting requirements set forth in this Notice that they must respond
to, and comply with, this survey. The reporting form SHCA (2012) and
instructions may be printed from the Internet at: http://www.treasury.gov/resource-center/data-chart-center/tic/Pages/forms-sh.aspx#shc.
Definition: Pursuant to 22 USC Sec. 3102 a United States person is
any individual, branch, partnership, associated group, association,
estate, trust, corporation, or other organization (whether or not
organized under the laws of any State), and any government (including a
foreign government, the United States Government, a State or local
government, and any agency, corporation, financial institution, or
other entity or instrumentality thereof, including a government-
sponsored agency), who resides in the United States or is subject to
the jurisdiction of the United States.
Who Must Report: The reporting panel for this survey is based upon
the level of U.S. holdings of foreign securities reported on the
December 2011 benchmark survey of U.S. holdings of foreign securities,
and will consist primarily of the largest reporters on that survey.
Entities required to report will be contacted individually by the
Federal Reserve Bank of New York. Entities not contacted by the Federal
Reserve Bank of New York have no reporting responsibilities.
What To Report: This report will collect information on holdings by
U.S. residents of foreign securities, including equities, long-term
debt securities, and short-term debt securities (including selected
money market instruments).
How To Report: Completed reports can be submitted electronically or
mailed to the Federal Reserve Bank of New York, Statistics Function,
4th Floor, 33 Liberty Street, New York, NY 10045-0001. Inquiries can be
made to the survey staff of the Federal Reserve Bank of New York at
(212) 720-6300 or email: [email protected]. Inquiries can also be
made to Dwight Wolkow at (202) 622-1276, email:
[email protected].
When To Report: Data must be submitted to the Federal Reserve Bank
of New York, acting as fiscal agent for the Department of the Treasury,
by March 1, 2013.
Paperwork Reduction Act Notice: This data collection has been
approved by the Office of Management and Budget (OMB) in accordance
with the Paperwork Reduction Act and assigned control number 1505-0146.
An agency may not conduct or sponsor, and a person is not required to
respond to, a
[[Page 68207]]
collection of information unless it displays a valid control number
assigned by OMB. The estimated average annual burden associated with
this collection of information is 48 hours per respondent for end-
investors and custodians that file Schedule 3 reports covering their
securities entrusted to U.S. resident custodians, 145 hours per
respondent for large end-investors filing Schedule 2 reports, and 700
hours per respondent for large custodians of securities filing Schedule
2 reports. Comments concerning the accuracy of this burden estimate and
suggestions for reducing this burden should be directed to the
Department of the Treasury, Attention Administrator, International
Portfolio Investment Data Reporting Systems, Room 5422, Washington, DC
20220, and to OMB, Attention Desk Officer for the Department of the
Treasury, Office of Information and Regulatory Affairs, Washington, DC
20503.
Dwight Wolkow,
Administrator, International Portfolio Investment Data Reporting
Systems.
[FR Doc. 2012-27808 Filed 11-14-12; 8:45 am]
BILLING CODE 4810-25-P