BE-185: Quarterly Survey of Financial Services Transactions Between U.S. Financial Services Providers and Foreign Persons, 10739-10740 [2017-03058]

Download as PDF Federal Register / Vol. 82, No. 30 / Wednesday, February 15, 2017 / Notices When To Report: Reports are due to BEA 60 days after the end of each calendar quarter, or 90 days after the close of the calendar year. 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 0608–0066. 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. Public reporting burden for this collection of information is estimated to average 8 hours per response. Additional information regarding this burden estimate may be viewed at www.reginfo.gov; under the Information Collection Review tab, click on ‘‘Search’’ and use the above OMB control number to search for the current survey instrument. Send comments regarding this burden estimate to Director, Bureau of Economic Analysis (BE–1), U.S. Department of Commerce, 4600 Silver Hill Rd., Washington, DC 20233; and to the Office of Management and Budget, Paperwork Reduction Project 0608–0066, 725 17th Street NW., Washington, DC 20503. Authority: 22 U.S.C. 3101–3108. Brian C. Moyer, Director, Bureau of Economic Analysis. [FR Doc. 2017–03059 Filed 2–14–17; 8:45 am] BILLING CODE 3510–06–P DEPARTMENT OF COMMERCE Bureau of Economic Analysis [Docket No. 170112073–7073–01] RIN 0691–XC066 BE–605: Quarterly Survey of Foreign Direct Investment in the United States—Transactions of U.S. Affiliate With Foreign Parent Bureau of Economic Analysis, Commerce. ACTION: Notice of reporting requirements. AGENCY: By this Notice, the Bureau of Economic Analysis (BEA), Department of Commerce, is informing the public that it is conducting the mandatory survey titled Quarterly Survey of Foreign Direct Investment in the United States—Transactions of U.S. Affiliate with Foreign Parent (BE–605). This survey is authorized by the International Investment and Trade in Services Survey Act. mstockstill on DSK3G9T082PROD with NOTICES SUMMARY: VerDate Sep<11>2014 18:44 Feb 14, 2017 Jkt 241001 The purpose of this Notice is to notify all U.S. persons who meet the reporting requirements set forth in this Notice that they must respond to, and comply with, the BE–605. Reports are due 30 days after the close of each calendar or fiscal quarter; 45 days if the report is for the final quarter of the financial reporting year. This Notice is being issued in conformance with the rule BEA issued in 2012 (77 FR 24373) establishing guidelines for collecting data on international trade in services and direct investment through notices, rather than through rulemaking. Additional information about BEA’s collection of data on international trade in services and direct investment can be found in the 2012 rule, the International Investment and Trade in Services Survey Act (22 U.S.C. 3101 et seq.), and 15 CFR part 801. Survey data on international trade in services and direct investment that are not collected pursuant to the 2012 rule are described separately in 15 CFR part 801. The BE– 605 survey forms and instructions are available on the BEA Web site at www.bea.gov/fdi. SUPPLEMENTARY INFORMATION: Reporting Notice of specific reporting requirements, including who is to report, the information to be reported, the manner of reporting, and the time and place of filing reports, will be mailed to those required to complete this survey. Who Must Report: (a) Reports are required from each U.S. business enterprise in which a foreign person has a direct and/or indirect ownership interest of at least 10 percent of the voting stock in an incorporated business enterprise, or an equivalent interest in an unincorporated business enterprise, and that meets the additional conditions detailed in Form BE–605. (b) Entities required to report will be contacted individually by BEA. Entities not contacted by BEA have no reporting responsibilities. What To Report: The survey collects information on transactions between parent companies and their affiliates and on direct investment positions (stocks). How To Report: Reports can be filed using BEA’s electronic reporting system at www.bea.gov/efile. Copies of the survey form and instructions, which contain complete information on reporting procedures and definitions, can be downloaded from the BEA Web site given above. Form BE–605 inquiries can be made by phone to (301) 278– 9422 or by sending an email to be605@ bea.gov. PO 00000 Frm 00006 Fmt 4703 Sfmt 4703 10739 When To Report: Reports are due to BEA 30 days after the close of each calendar or fiscal quarter; 45 days if the report is for the final quarter of the financial reporting year. 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 0608–0009. 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. Public reporting burden for this collection of information is estimated to average 1 hour per response. Additional information regarding this burden estimate may be viewed at www.reginfo.gov; under the Information Collection Review tab, click on ‘‘Search’’ and use the above OMB control number to search for the current survey instrument. Send comments regarding this burden estimate to Director, Bureau of Economic Analysis (BE–1), U.S. Department of Commerce, 4600 Silver Hill Rd., Washington, DC 20233; and to the Office of Management and Budget, Paperwork Reduction Project 0608–0009, 725 17th Street NW., Washington, DC 20503. Authority: 22 U.S.C. 3101–3108. Brian C. Moyer, Director, Bureau of Economic Analysis. [FR Doc. 2017–03057 Filed 2–14–17; 8:45 am] BILLING CODE 3510–06–P DEPARTMENT OF COMMERCE Bureau of Economic Analysis [Docket No. 170112071–7096–01] RIN 0691–XC064 BE–185: Quarterly Survey of Financial Services Transactions Between U.S. Financial Services Providers and Foreign Persons Bureau of Economic Analysis, Commerce. ACTION: Notice of reporting requirements. AGENCY: By this Notice, the Bureau of Economic Analysis (BEA), Department of Commerce, is informing the public that it is conducting the mandatory survey titled Quarterly Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (BE– 185). This survey is authorized by the International Investment and Trade in Services Survey Act and by Section SUMMARY: E:\FR\FM\15FEN1.SGM 15FEN1 10740 Federal Register / Vol. 82, No. 30 / Wednesday, February 15, 2017 / Notices mstockstill on DSK3G9T082PROD with NOTICES 5408 of the Omnibus Trade and Competitiveness Act of 1988. SUPPLEMENTARY INFORMATION: The purpose of this Notice is to notify all U.S. persons who meet the reporting requirements set forth in this Notice that they must respond to, and comply with, the BE–185. Reports are due 45 days after the end of each fiscal quarter, except for the final quarter of the U.S. person’s fiscal year when reports must be filed within 90 days. This notice is being issued in conformance with the rule BEA issued in 2012 (77 FR 24373) establishing guidelines for collecting data on international trade in services and direct investment through notices, rather than through rulemaking. Additional information about BEA’s collection of data on international trade in services and direct investment can be found in the 2012 rule, the International Investment and Trade in Services Survey Act (22 U.S.C. 3101 et seq.), and 15 CFR part 801, and by Section 5408 of the Omnibus Trade and Competitiveness Act of 1988 (Pub. L. 100–418, 15 U.S.C. 4908(b). Survey data on international trade in services and direct investment that are not collected pursuant to the 2012 rule are described separately in 15 CFR part 801. The BE– 185 survey form and instructions are available on the BEA Web site at www.bea.gov/ssb. Reporting Who Must Report: (a) Reports are required from each U.S. person who had sales of covered financial services to foreign persons that exceeded $20 million during the previous fiscal year, or are expected to exceed that amount during the current fiscal year; or had purchases of covered financial services from foreign persons that exceeded $15 million during the previous fiscal year, or are expected to exceed that amount during the current fiscal year. Because the thresholds are applied separately to sales and purchases, the reporting requirements may apply only to sales, only to purchases, or to both. (b) Entities required to report will be contacted individually by BEA. Entities not contacted by BEA have no reporting responsibilities. What To Report: The survey collects information on transactions in the covered financial services between U.S. financial services providers and foreign persons. How To Report: Reports can be filed using BEA’s electronic reporting system at www.bea.gov/efile. Copies of the survey forms and instructions, which contain complete information on reporting procedures and definitions, can be downloaded from the BEA Web VerDate Sep<11>2014 18:44 Feb 14, 2017 Jkt 241001 site given above. Form BE–185 inquiries can be made by phone to BEA at (301) 278–9303 or by sending an email to be185help@bea.gov. When To Report: Reports are due to BEA 45 days after the end of each fiscal quarter, except for the final quarter of the reporter’s fiscal year when reports must be filed within 90 days. 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 0608–0065. 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. Public reporting burden for this collection of information is estimated to average 10 hours per response. Additional information regarding this burden estimate may be viewed at www.reginfo.gov; under the Information Collection Review tab, click on ‘‘Search’’ and use the above OMB control number to search for the current survey instrument. Send comments regarding this burden estimate to Director, Bureau of Economic Analysis (BE–1), U.S. Department of Commerce, 4600 Silver Hill Rd., Washington, DC 20233; and to the Office of Management and Budget, Paperwork Reduction Project 0608–0065, 725 17th Street NW., Washington, DC 20503. Authority: 22 U.S.C. 3101–3108 and 15 U.S.C. 4908(b). Brian C. Moyer, Director, Bureau of Economic Analysis. [FR Doc. 2017–03058 Filed 2–14–17; 8:45 am] BILLING CODE 3510–06–P DEPARTMENT OF COMMERCE Bureau of Economic Analysis [Docket No. 170112069–7093–01] RIN 0691–XC062 BE–125: Quarterly Survey of Transactions in Selected Services and Intellectual Property With Foreign Persons Bureau of Economic Analysis, Commerce. ACTION: Notice of reporting requirements. AGENCY: By this Notice, the Bureau of Economic Analysis (BEA), Department of Commerce, is informing the public that it is conducting the mandatory survey titled Quarterly Survey of Transactions in Selected Services and SUMMARY: PO 00000 Frm 00007 Fmt 4703 Sfmt 4703 Intellectual Property with Foreign Persons (BE–125). This survey is authorized by the International Investment and Trade in Services Survey Act. SUPPLEMENTARY INFORMATION: The purpose of this Notice is to notify all U.S. persons who meet the reporting requirements set forth in this Notice that they must respond to, and comply with, the BE–125. Reports are due 45 days after the end of each fiscal quarter except for the final quarter. After the end of fiscal year of the U.S. person, reports must be filed within 90 days. This Notice is being issued in conformance with the rule BEA issued in 2012 (77 FR 24373) establishing guidelines for collecting data on international trade in services and direct investment through notices, rather than through rulemaking. Additional information about BEA’s collection of data on international trade in services and direct investment can be found in the 2012 rule, the International Investment and Trade in Services Survey Act (22 U.S.C. 3101 et seq.), and 15 CFR part 801. Survey data on international trade in services and direct investment that are not collected pursuant to the 2012 rule are described separately in 15 CFR part 801. The BE– 125 survey form and instructions are available on the BEA Web site at www.bea.gov/ssb. Reporting Notice of specific reporting requirements, including who is to report, the information to be reported, the manner of reporting, and the time and place of filing reports, will be mailed to those required to complete this survey. Who Must Report: (a) Reports are required from each U.S. person who had sales of covered services or intellectual property to foreign persons that exceeded $6 million during the prior fiscal year, or are expected to exceed that amount during the current fiscal year; or had purchases of covered services or intellectual property from foreign persons that exceeded $4 million during the prior fiscal year, or are expected to exceed that amount during the current fiscal year. Because the thresholds are applied separately to sales and purchases, the reporting requirements may apply only to sales, only to purchases, or to both. (b) Entities required to report will be contacted individually by BEA. Entities not contacted by BEA have no reporting responsibilities. What To Report: The survey collects information on U.S. international trade E:\FR\FM\15FEN1.SGM 15FEN1

Agencies

[Federal Register Volume 82, Number 30 (Wednesday, February 15, 2017)]
[Notices]
[Pages 10739-10740]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-03058]


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DEPARTMENT OF COMMERCE

Bureau of Economic Analysis

[Docket No. 170112071-7096-01]
RIN 0691-XC064


BE-185: Quarterly Survey of Financial Services Transactions 
Between U.S. Financial Services Providers and Foreign Persons

AGENCY: Bureau of Economic Analysis, Commerce.

ACTION: Notice of reporting requirements.

-----------------------------------------------------------------------

SUMMARY: By this Notice, the Bureau of Economic Analysis (BEA), 
Department of Commerce, is informing the public that it is conducting 
the mandatory survey titled Quarterly Survey of Financial Services 
Transactions between U.S. Financial Services Providers and Foreign 
Persons (BE-185). This survey is authorized by the International 
Investment and Trade in Services Survey Act and by Section

[[Page 10740]]

5408 of the Omnibus Trade and Competitiveness Act of 1988.

SUPPLEMENTARY INFORMATION: The purpose of this Notice is to notify all 
U.S. persons who meet the reporting requirements set forth in this 
Notice that they must respond to, and comply with, the BE-185. Reports 
are due 45 days after the end of each fiscal quarter, except for the 
final quarter of the U.S. person's fiscal year when reports must be 
filed within 90 days. This notice is being issued in conformance with 
the rule BEA issued in 2012 (77 FR 24373) establishing guidelines for 
collecting data on international trade in services and direct 
investment through notices, rather than through rulemaking. Additional 
information about BEA's collection of data on international trade in 
services and direct investment can be found in the 2012 rule, the 
International Investment and Trade in Services Survey Act (22 U.S.C. 
3101 et seq.), and 15 CFR part 801, and by Section 5408 of the Omnibus 
Trade and Competitiveness Act of 1988 (Pub. L. 100-418, 15 U.S.C. 
4908(b). Survey data on international trade in services and direct 
investment that are not collected pursuant to the 2012 rule are 
described separately in 15 CFR part 801. The BE-185 survey form and 
instructions are available on the BEA Web site at www.bea.gov/ssb.

Reporting

    Who Must Report: (a) Reports are required from each U.S. person who 
had sales of covered financial services to foreign persons that 
exceeded $20 million during the previous fiscal year, or are expected 
to exceed that amount during the current fiscal year; or had purchases 
of covered financial services from foreign persons that exceeded $15 
million during the previous fiscal year, or are expected to exceed that 
amount during the current fiscal year. Because the thresholds are 
applied separately to sales and purchases, the reporting requirements 
may apply only to sales, only to purchases, or to both.
    (b) Entities required to report will be contacted individually by 
BEA. Entities not contacted by BEA have no reporting responsibilities.
    What To Report: The survey collects information on transactions in 
the covered financial services between U.S. financial services 
providers and foreign persons.
    How To Report: Reports can be filed using BEA's electronic 
reporting system at www.bea.gov/efile. Copies of the survey forms and 
instructions, which contain complete information on reporting 
procedures and definitions, can be downloaded from the BEA Web site 
given above. Form BE-185 inquiries can be made by phone to BEA at (301) 
278-9303 or by sending an email to be-185help@bea.gov.
    When To Report: Reports are due to BEA 45 days after the end of 
each fiscal quarter, except for the final quarter of the reporter's 
fiscal year when reports must be filed within 90 days.

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 0608-0065. 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. 
Public reporting burden for this collection of information is estimated 
to average 10 hours per response. Additional information regarding this 
burden estimate may be viewed at www.reginfo.gov; under the Information 
Collection Review tab, click on ``Search'' and use the above OMB 
control number to search for the current survey instrument. Send 
comments regarding this burden estimate to Director, Bureau of Economic 
Analysis (BE-1), U.S. Department of Commerce, 4600 Silver Hill Rd., 
Washington, DC 20233; and to the Office of Management and Budget, 
Paperwork Reduction Project 0608-0065, 725 17th Street NW., Washington, 
DC 20503.

    Authority:  22 U.S.C. 3101-3108 and 15 U.S.C. 4908(b).

Brian C. Moyer,
Director, Bureau of Economic Analysis.
[FR Doc. 2017-03058 Filed 2-14-17; 8:45 am]
 BILLING CODE 3510-06-P

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