[Federal Register Volume 80, Number 18 (Wednesday, January 28, 2015)]
[Notices]
[Pages 4636-4637]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-01593]
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DEPARTMENT OF THE TREASURY
Proposed Collections; Comment Requests
AGENCY: Departmental Offices, Treasury.
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 the revision of an information
collection that is proposed for approval by the Office of Management
and Budget. The Office of International Affairs within the Department
of the Treasury is soliciting comments concerning Treasury
International Capital Form D, Report of Holdings of, and Transactions
in, Financial Derivatives Contracts with Foreign Residents.
DATES: Written comments should be received on or before March 30, 2015
to be assured of consideration.
ADDRESSES: Direct all written comments to Dwight Wolkow, International
Portfolio Investment Data Systems, Department of the Treasury, Room
5422, 1500 Pennsylvania Avenue NW., Washington DC 20220. In view of
possible delays in mail delivery, please also notify Mr. Wolkow by
email ([email protected]), FAX
[[Page 4637]]
(202-622-2009) or telephone (202-622-1276).
FOR FURTHER INFORMATION CONTACT: Copies of the proposed forms and
instructions are available on the Treasury's TIC Forms Web page, http://www.treasury.gov/resource-center/data-chart-center/tic/Pages/forms.aspx. Requests for additional information should be directed to
Mr. Wolkow.
SUPPLEMENTARY INFORMATION:
Title: Treasury International Capital Form D, Report of Holdings
of, and Transactions in, Financial Derivatives Contracts with Foreign
Residents.
OMB Control Number: 1505-0199.
Abstract: Form D 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; E.O. 10033; 31 CFR part 128) for the purpose of providing
timely information on international capital movements other than direct
investment by U.S. persons. Form D is a quarterly report used to cover
holdings and transactions in derivatives contracts undertaken between
foreign resident counterparties and major U.S.-resident participants in
derivatives markets. This information is necessary for compiling the
U.S. balance of payments accounts and international investment
position, and for formulating U.S. international financial and monetary
policies.
Current Actions: No changes are proposed at this time.
Type of Review: Extension of a currently approved data collection.
Affected Public: Business or other for profit organizations.
Form: D (1505-0199).
Estimated Number of Respondents: 35.
Estimated Average Time per Respondent: Thirty (30) hours per
respondent per filing.
Estimated Total Annual Burden Hours: 4,200 hours, based on 4
reporting periods per year.
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for Office of
Management and Budget approval. All comments will become a matter of
public record. The public is invited to submit written comments
concerning: (a) Whether Form D is necessary for the proper performance
of the functions of the Office, including whether the information will
have practical uses; (b) the accuracy of the above estimate of the
burdens; (c) ways to enhance the quality, usefulness and clarity of the
information to be collected; (d) ways to minimize the reporting and/or
record keeping burdens on respondents, including the use of information
technologies to automate the collection of the data; and (e) estimates
of capital or start-up costs of operation, maintenance and purchase of
services to provide information.
Dwight Wolkow,
Administrator, International Portfolio Investment Data Systems.
[FR Doc. 2015-01593 Filed 1-27-15; 8:45 am]
BILLING CODE 4810-25-P