Proposed Collections; Comment Requests, 8538-8539 [2014-03026]
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8538
Federal Register / Vol. 79, No. 29 / Wednesday, February 12, 2014 / Notices
Dated: February 6, 2014.
Charles E. Betts,
Director, Standards and Rulemaking Division.
[FR Doc. 2014–03047 Filed 2–11–14; 8:45 am]
BILLING CODE 4910–60–P
DEPARTMENT OF THE TREASURY
Proposed Collection; Comment
Request
Departmental Offices;
Department of the Treasury.
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 to be
proposed for approval by the Office of
Management and Budget. The Office of
International Affairs of the Department
of the Treasury is soliciting comments
concerning Treasury International
Capital Form SLT, Aggregate Holdings
of Long-Term Securities by U.S. and
Foreign Residents. The Current Actions
below make electronic filing mandatory.
DATES: Written comments should be
received on or before April 14, 2014 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
(comments2TIC@treasury.gov), FAX
(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,
https://www.treasury.gov/resourcecenter/data-chart-center/tic/Pages/
forms.aspx. Requests for additional
information should be directed to Mr.
Wolkow.
SUPPLEMENTARY INFORMATION:
Title: Treasury International Capital
Form SLT, Aggregate Holdings of LongTerm Securities by U.S. and Foreign
Residents.
OMB Control Number: 1505–0235.
Abstract: Form SLT 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), and is
designed to collect timely information
on international portfolio capital
movements. Form SLT is a monthly
report on cross-border portfolio
investment in long-term marketable
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AGENCY:
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17:11 Feb 11, 2014
Jkt 232001
securities by U.S. and foreign residents.
This information is used by the U.S.
Government in the formulation of
international financial and monetary
policies and for the preparation of the
U.S. balance of payments accounts and
the U.S. international investment
position.
Current Actions: (a) Electronic filing
of the TIC Form SLT report will be
mandatory. More specifically, the last
part of Section II.H, Submission of
Reports, in the instructions will say, in
effect, that the TIC Form SLT report
must be submitted electronically by
using the Federal Reserve System’s
‘‘Reporting Central’’ electronic
submission system. It is easy to use,
secure, provides confirmation of the
receipt of the data, and performs a
number of validity checks of your file
format. The SLT report can no longer be
filed by mail or Fax and can no longer
be reported on computer or other paper.
Because it usually takes at least a month
to set up a ‘‘Reporting Central’’ account,
respondents may wish to obtain more
information soon on ‘‘Reporting
Central’’ by contacting the Federal
Reserve Bank of New York at 212–720–
6300. (b) The glossaries for all Treasury
International Capital (‘‘TIC’’) reports
will be consolidated into a single
document which will provide more
consistency across the TIC system. As a
result, the TIC SLT reporting
instructions will not include a glossary
but will point to the separate
consolidated Glossary document on the
Treasury Web site. [Note: some other
clarifications may be made in the
instructions and glossary.] (c) These
changes will be effective beginning with
the reports as of June 30, 2014.
Type of Review: Revision of a
currently approved collection.
Affected Public: Business or other forprofit organizations. Form SLT (1505–
0235).
Estimated Number of Respondents:
150.
Estimated Average Time per
Respondent: Average 11.4 hours per
respondent per filing. The estimated
average burden per respondent varies
widely, from about 17 hours per filing
for a U.S.-resident custodian filing Part
A and Part B to about 6.5 hours for a
U.S.-resident issuer or U.S.-resident
end-investor filing Part B.
Estimated Total Annual Burden
Hours: 20,520 hours, based on 12
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
PO 00000
Frm 00110
Fmt 4703
Sfmt 4703
public is invited to submit written
comments concerning: (a) Whether
Form SLT 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 Reporting Systems.
[FR Doc. 2014–03028 Filed 2–11–14; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Proposed Collections; Comment
Requests
Departmental Offices;
Department of the Treasury.
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 extension
approval by the Office of Management
and Budget. The Office of International
Affairs of the Department of the
Treasury is soliciting comments
concerning extension without change of
the following forms: Foreign Currency
Form FC–1 (OMB No. 1505–0012),
Weekly Consolidated Foreign Currency
Report of Major Market Participants;
Form FC–2 (OMB No. 1505–0010);
Monthly Consolidated Foreign Currency
Report of Major Market Participants;
Form FC–3 (OMB No. 1505–0014),
Quarterly Consolidated Foreign
Currency Report. The reports are
mandatory.
AGENCY:
Written comments should be
received on or before April 14, 2014 to
be assured of consideration.
DATES:
Direct all written comments
to Gregory B. Seel, Markets Room,
Department of the Treasury, Room 1328,
1500 Pennsylvania Avenue NW.,
Washington, DC 20220. In view of
possible delays in mail delivery, please
also notify Mr. Seel by email
(gregory.seel@treasury.gov), FAX (202–
622–2021) or telephone (202–622–
5078).
ADDRESSES:
E:\FR\FM\12FEN1.SGM
12FEN1
Federal Register / Vol. 79, No. 29 / Wednesday, February 12, 2014 / Notices
mstockstill on DSK4VPTVN1PROD with NOTICES
FOR FURTHER INFORMATION CONTACT:
Copies of the proposed forms and
instructions are available on the Federal
Reserve Bank of New York’s Web site,
in the section for Banking Reporting
Forms and Instructions, on the Web
pages for the TFC–1, TFC–2 and TFC–
3 forms, for example at: https://www.ny.
frb.org/banking/reportingforms/TFC_
1.html. Requests for additional
information should be directed to Mr.
Seel.
SUPPLEMENTARY INFORMATION:
Title: Weekly Consolidated Foreign
Currency Report of Major Market
Participants, Foreign Currency Form
FC–1.
OMB Control Number: 1505–0012.
Title: Monthly Consolidated Foreign
Currency Report of Major Market
Participants, Foreign Currency Form
FC–2.
OMB Control Number: 1505–0010.
Title: Quarterly Consolidated Foreign
Currency Report, Foreign Currency
Form FC–3.
OMB Control Number: 1505–0014.
Abstract: The filing of Foreign
Currency Forms FC–1, FC–2, and FC–3
is pursuant to (31 U.S.C. 5315, which
directs the Secretary of the Treasury to
prescribe regulations (31 CFR part 128,
Subpart C), requiring reports on foreign
currency transactions conducted by a
United States person or a foreign person
controlled by a United States person.
The forms collect data on the foreign
exchange spot, forward, futures, and
options markets from all significant
market participants.
Current Actions: None. No changes in
the forms or instructions will be made.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
Foreign Currency Form FC–1: 22
respondents.
Foreign Currency Form FC–2: 22
respondents.
Foreign Currency Form FC–3: 38
respondents.
Estimated Average Time per
Response:
Foreign Currency Form FC–1: 48
minutes (0.8 hours) per response.
Foreign Currency Form FC–2: 3 hours
36 minutes (3.6 hours) per response.
Foreign Currency Form FC–3: Eight
(8) hours per response.
Estimated Total Annual Burden
Hours:
Foreign Currency Form FC–1: 915
hours, based on 52 reporting periods per
years.
Foreign Currency Form FC–2: 950
hours, based on 12 reporting period per
year.
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17:11 Feb 11, 2014
Jkt 232001
Foreign Currency Form FC–3: 1,216
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
Foreign Currency Forms FC–1, FC–2,
and FC–3 are 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 estimates 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.
Gregory B. Seel,
Financial Analyst, Markets Room, U.S.
Department of the Treasury.
[FR Doc. 2014–03026 Filed 2–11–14; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Proposed Collections; Comment
Requests
Departmental Offices;
Department of the Treasury.
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 to be
proposed for approval by the Office of
Management and Budget. The Office of
International Affairs of the Department
of the Treasury is soliciting comments
concerning Treasury International
Capital Form S, Purchases and Sales of
Long-Term Securities by Foreign
Residents. The Current Actions below
raise the exemption level for reporting.
DATES: Written comments should be
received on or before April 14, 2014 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
AGENCY:
PO 00000
Frm 00111
Fmt 4703
Sfmt 4703
8539
(comments2TIC@treasury.gov), FAX
(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,
https://www.treasury.gov/resourcecenter/data-chart-center/tic/Pages/
forms.aspx. Requests for additional
information should be directed to Mr.
Wolkow.
SUPPLEMENTARY INFORMATION:
Title: Treasury International Capital
Form S, Purchases and Sales of Longterm Securities by Foreign-Residents.
OMB Control Number: 1505–0001
Abstract: Form S 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), and is
designed to collect timely information
on international portfolio capital
movements. Form S is a monthly report
used to cover transactions in long-term
marketable securities undertaken
directly with foreigners by banks, other
depository institutions, brokers, dealers,
underwriting groups, funds and other
individuals and institutions. This
information is used by the U.S.
Government in the formulation of
international financial and monetary
policies and for the preparation of the
U.S. balance of payments accounts and
the U.S. international investment
position.
Current Actions: (a) The exemption
level for total reportable transactions
will be raised from $50 million to $350
million. More specifically, an institution
must file the TIC Form S monthly if the
consolidated total of all reportable
transactions in purchases or sales of
long-term securities amounts to or
exceeds the exemption level during the
reporting month. (b) The Column-ByColumn instructions for Columns 3 and
4 of Form S will be changed to be
consistent with the language found in
the glossary for ‘‘United States
Government Agency securities’’,
‘‘Columns 3 and 4—Report purchases
(column 3) and sales (column 4) by
foreign residents of long-term debt
securities (bonds, notes, debentures and
asset-backed securities (mortgagebacked securities and all other assetbacked securities)) guaranteed by or are
the obligations of United States
Government corporations or FederallySponsored Agencies. (See glossary entry
for United States Government Agency
securities).’’ (c) The glossaries for all
Treasury International Capital (‘‘TIC’’)
reports will be consolidated into a
single document which will provide
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Agencies
[Federal Register Volume 79, Number 29 (Wednesday, February 12, 2014)]
[Notices]
[Pages 8538-8539]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-03026]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Proposed Collections; Comment Requests
AGENCY: Departmental Offices; Department of the Treasury.
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 extension approval by the Office of Management and Budget. The
Office of International Affairs of the Department of the Treasury is
soliciting comments concerning extension without change of the
following forms: Foreign Currency Form FC-1 (OMB No. 1505-0012), Weekly
Consolidated Foreign Currency Report of Major Market Participants; Form
FC-2 (OMB No. 1505-0010); Monthly Consolidated Foreign Currency Report
of Major Market Participants; Form FC-3 (OMB No. 1505-0014), Quarterly
Consolidated Foreign Currency Report. The reports are mandatory.
DATES: Written comments should be received on or before April 14, 2014
to be assured of consideration.
ADDRESSES: Direct all written comments to Gregory B. Seel, Markets
Room, Department of the Treasury, Room 1328, 1500 Pennsylvania Avenue
NW., Washington, DC 20220. In view of possible delays in mail delivery,
please also notify Mr. Seel by email (gregory.seel@treasury.gov), FAX
(202-622-2021) or telephone (202-622-5078).
[[Page 8539]]
FOR FURTHER INFORMATION CONTACT: Copies of the proposed forms and
instructions are available on the Federal Reserve Bank of New York's
Web site, in the section for Banking Reporting Forms and Instructions,
on the Web pages for the TFC-1, TFC-2 and TFC-3 forms, for example at:
https://www.ny.frb.org/banking/reportingforms/TFC_1.html. Requests for
additional information should be directed to Mr. Seel.
SUPPLEMENTARY INFORMATION:
Title: Weekly Consolidated Foreign Currency Report of Major Market
Participants, Foreign Currency Form FC-1.
OMB Control Number: 1505-0012.
Title: Monthly Consolidated Foreign Currency Report of Major Market
Participants, Foreign Currency Form FC-2.
OMB Control Number: 1505-0010.
Title: Quarterly Consolidated Foreign Currency Report, Foreign
Currency Form FC-3.
OMB Control Number: 1505-0014.
Abstract: The filing of Foreign Currency Forms FC-1, FC-2, and FC-3
is pursuant to (31 U.S.C. 5315, which directs the Secretary of the
Treasury to prescribe regulations (31 CFR part 128, Subpart C),
requiring reports on foreign currency transactions conducted by a
United States person or a foreign person controlled by a United States
person. The forms collect data on the foreign exchange spot, forward,
futures, and options markets from all significant market participants.
Current Actions: None. No changes in the forms or instructions will
be made.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents:
Foreign Currency Form FC-1: 22 respondents.
Foreign Currency Form FC-2: 22 respondents.
Foreign Currency Form FC-3: 38 respondents.
Estimated Average Time per Response:
Foreign Currency Form FC-1: 48 minutes (0.8 hours) per response.
Foreign Currency Form FC-2: 3 hours 36 minutes (3.6 hours) per
response.
Foreign Currency Form FC-3: Eight (8) hours per response.
Estimated Total Annual Burden Hours:
Foreign Currency Form FC-1: 915 hours, based on 52 reporting
periods per years.
Foreign Currency Form FC-2: 950 hours, based on 12 reporting period
per year.
Foreign Currency Form FC-3: 1,216 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 Foreign Currency Forms FC-1, FC-2, and FC-3 are
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 estimates 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.
Gregory B. Seel,
Financial Analyst, Markets Room, U.S. Department of the Treasury.
[FR Doc. 2014-03026 Filed 2-11-14; 8:45 am]
BILLING CODE 4810-25-P