[Federal Register Volume 80, Number 230 (Tuesday, December 1, 2015)]
[Notices]
[Page 75174]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-30361]
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DEPARTMENT OF THE TREASURY
Office of the Assistant Secretary for International Affairs;
Survey of U.S. Ownership of Foreign Securities as of December 31, 2015
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 part 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, 2015. 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 (2015) 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 U.S.C. 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 is based upon the data
submitted for the 2011 Benchmark survey and the December 2014 TIC
report Aggregate Holdings of Long-Term Securities by U.S. and Foreign
Residents (TIC SLT). 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: Copies of the survey forms and instructions, which
contain complete information on reporting procedures and definitions,
may be obtained at the Web site address given above in the Summary.
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, 2016.
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 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 545 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. 2015-30361 Filed 11-30-15; 8:45 am]
BILLING CODE 4810-25-P