Proposed Collection; Comment Request, 38208-38209 [2018-16636]
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Federal Register / Vol. 83, No. 150 / Friday, August 3, 2018 / Notices
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Dated: July 30, 2018.
Karen Solomon,
Acting Senior Deputy Comptroller and Chief
Counsel.
[FR Doc. 2018–16641 Filed 8–2–18; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Proposed Collection; Comment
Request
Notice and request for
comments.
ACTION:
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 revisions in
2018 of a currently approved
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 the revision of
the Annual Report of U.S. Ownership of
Foreign Securities, including Selected
Money Market Instruments. The next
such collection is an annual survey to
be conducted as of December 31, 2018.
DATES: Written comments should be
received on or before October 2, 2018 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Dwight Wolkow, International
Portfolio Investment Data Systems,
Department of the Treasury, Room 5422
MT, 1500 Pennsylvania Avenue NW,
Washington DC 20220. In view of
possible delays in mail delivery, you
may also wish to send a copy to Mr.
Wolkow by email (comments2TIC@
do.treas.gov) or FAX (202–622–2009).
Mr. Wolkow can also be reached by
telephone (202–622–1276).
FOR FURTHER INFORMATION CONTACT:
Copies of the proposed form and
instructions are available at Part II of the
Treasury International Capital (TIC)
Forms web page ‘‘Forms SHL/SHLA &
SHC/SHCA’’, at: https://
www.treasury.gov/resource-center/datachart-center/tic/Pages/formssh.aspx#shc. The proposed forms
(called schedules) are unchanged from
the previous survey that was conducted
as of December 31, 2017 (SHCA(2017)).
The ‘‘Current Actions’’ below are
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SUMMARY:
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18:26 Aug 02, 2018
Jkt 244001
changes in the previous instructions.
Requests for additional information
should be directed to Mr. Wolkow.
SUPPLEMENTARY INFORMATION:
Title: Treasury International Capital
(TIC) Form SHC/SHCA ‘‘U.S.
Ownership of Foreign Securities,
including Selected Money Market
Instruments.’’
OMB Control Number: 1505–0146.
Abstract: Form SHC/SHCA is part of
the Treasury International Capital (TIC)
reporting system, which is required by
law (22 U.S.C. 3101 et seq.; E.O. 11961;
31 CFR 129) and is used to conduct
annual surveys of U.S. residents’
ownership of foreign securities for
portfolio investment purposes. These
data are used by the U.S. Government in
the formulation of international
financial and monetary policies, and for
the computation of the U.S. balance of
payments accounts and of the U.S.
international investment position. These
data are also used to provide
information to the public and to meet
international reporting commitments.
The SHC/SHCA survey is part of an
internationally coordinated effort under
the auspices of the International
Monetary Fund to improve data on
securities worldwide. Most of the major
industrial and financial countries
conduct similar surveys.
The data collection includes large
benchmark surveys conducted every
five years, and smaller annual surveys
conducted in the non-benchmark years.
The data collected under an annual
survey are used in conjunction with the
results of the preceding benchmark
survey and of recent SLT reports to
make economy-wide estimates for that
non-benchmark year. Currently, the
determination of who must report in the
annual surveys is based primarily on the
data submitted during the preceding
benchmark survey and on data
submitted on SLT reports around June
of the survey year. The data requested
in the annual survey will generally be
the same as requested in the preceding
benchmark report. Form SHC is used for
the benchmark survey of all significant
U.S.-resident custodians and endinvestors regarding U.S. ownership of
foreign securities. In non-benchmark
years Form SHCA is used for the annual
surveys of primarily the very largest
U.S.-resident custodians and endinvestors.
Current Actions:
No changes in the forms (schedules)
are made from the previous survey that
was conducted as of December 31, 2017.
The proposed changes in the
instructions are:
(1) In section II.A.(2) ‘‘Who Must
Report/End-Investors’’, new text is
PO 00000
Frm 00093
Fmt 4703
Sfmt 4703
added to clarify reporting
responsibilities; in particular that
reporting (as end-investor) is the
responsibility of the manager of a fund,
partnership, trust, etc., if they have
discretion over investments of the fund/
partnership/trust/etc.;
(2) In section II.A.(2) ‘‘Who Must
Report/End-Investors’’, the terms
‘‘limited partnerships and trusts’’ are
added in the third bullet in the list;
(3) Section III.B/’’direct investments’’
is revised to make the section more
uniform across all TIC reports;
(4) Section III.C.4/’’pension &
retirement funds’’ is revised to cover
reporting responsibilities and foreignresident pension funds;
(5) In Appendix G, the link is
corrected to point to the March 2018
version of the TIC Glossary.
(6) Some changes in text, page
numbers and formatting are made to
clarify other parts of the instructions.
The changes will improve overall
survey reporting.
Type of Review: Revision of currently
approved data collection.
Affected Public: Business/Financial
Institutions.
Form: TIC SHC/SHCA, Schedules 1, 2
and 3 (1505–0146).
Estimated Number of Respondents:
An annual average (over five years) of
306, but this varies widely from about
785 in benchmark years (once every five
years) to about 190 in other years (four
out of every five years).
Estimated Average Time per
Respondent: An annual average (over
five years) of about 174 hours, but this
will vary widely from respondent to
respondent. (a) In the year of a
benchmark survey, which is conducted
once every five years, it is estimated that
exempt respondents will require an
average of 17 hours; custodians of
securities providing security-by-security
information will require an average of
361 hours, but this figure will vary
widely for individual custodians; endinvestors providing security-by-security
information will require an average of
121 hours; and end-investors and
custodians employing U.S. custodians
will require an average of 41 hours. (b)
In a non-benchmark year, which occurs
four years out of every five years:
Custodians of securities providing
security-by-security information will
require an average of 546 hours (because
only the largest U.S.-resident custodians
will report), but this figure will vary
widely for individual custodians; endinvestors providing security-by-security
information will require an average of
146 hours; and reporters entrusting their
foreign securities to U.S. custodians will
require an average of 49 hours. The
E:\FR\FM\03AUN1.SGM
03AUN1
Federal Register / Vol. 83, No. 150 / Friday, August 3, 2018 / Notices
exemption level, which applies only in
benchmark years when filing schedules
2 or 3 or both, for custodians and for
end-investors is the holding of less than
$200 million in reportable foreign
securities owned by U.S. residents. For
schedule 2, end-investors should
exclude securities that are held with
their unaffiliated U.S.-resident
custodians.
Estimated Total Annual Burden
Hours: An annual average (over five
years) of 53,260 hours.
Frequency of Response: Annual.
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 the
Survey is necessary for the proper
performance of the functions of the
Office of International Affairs within the
Department of the Treasury, including
whether the information collected 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 requested; and
(e) estimates of capital or start-up costs
of operation, maintenance and purchase
of services to provide the information
requested.
DEPARTMENT OF VETERANS
AFFAIRS
Dwight Wolkow,
Administrator, International Portfolio
Investment Data Systems.
Cynthia D. Harvey-Pryor, Enterprise
Records Service (005R1B), Department
of Veterans Affairs, 810 Vermont
Avenue NW, Washington, DC 20420,
(202) 461–5870 or email cynthia.harveypryor@va.gov. Please refer to ‘‘OMB
[FR Doc. 2018–16636 Filed 8–2–18; 8:45 am]
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BILLING CODE 4810–25–P
VerDate Sep<11>2014
18:26 Aug 02, 2018
Jkt 244001
38209
Control No. 2900–0232’’ in any
correspondence.
SUPPLEMENTARY INFORMATION:
[OMB Control No. 2900–0232]
Proposed Information Collection
Activity: Application for Burial in a
National Cemetery
National Cemetery
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:
In compliance with the
Paperwork Reduction Act (PRA) of
1995, this notice announces that the
National Cemetery Administration
(NCA), Department of Veterans Affairs,
will submit the collection of
information abstracted below to the
Office of Management and Budget
(OMB) for review and comment. The
PRA submission describes the nature of
the information collection and its
expected cost and burden and it
includes the actual data collection
instrument.
SUMMARY:
Comments must be submitted on
or before September 4, 2018.
ADDRESSES: Submit written comments
on the collection of information through
www.Regulations.gov, or to Office of
Information and Regulatory Affairs,
Office of Management and Budget, Attn:
VA Desk Officer; 725 17th St. NW,
Washington, DC 20503 or sent through
electronic mail to oira_submission@
omb.eop.gov. Please refer to ‘‘OMB
Control No. 2900–0232’’ in any
correspondence.
DATES:
FOR FURTHER INFORMATION CONTACT:
PO 00000
Frm 00094
Fmt 4703
Sfmt 9990
Authority: 44 U.S.C. 3501–21.
Title: Application for Burial in a
National Cemetery.
OMB Control Number: 2900–0232.
Type of Review: Reinstatement,
without change, of a previously
approved collection.
Abstract: VA requires applicants for
national cemetery burial to provide
information to verify eligibility for
burial in a national cemetery, to
schedule interment and to provide
services requested by the decedent’s
family or personal representative. This
information is also used for planning
and scheduling cemetery services and to
provide for specific requests from family
members or the personal representative,
such as the request for funeral honors to
be performed during committal or
memorial services.
An agency may not conduct or
sponsor, and a person is not required to
respond to a collection of information
unless it displays a currently valid OMB
control number. The Federal Register
Notice with a 60-day comment period
soliciting comments on this collection
of information was published at 83 FR
20160 on May 7, 2018.
Affected Public: Individuals and
households.
Estimated Annual Burden: 33,750.
Estimated Average Burden per
Respondent: 15 minutes.
Frequency of Response: One time.
Estimated Number of Respondents:
135,000.
By direction of the Secretary.
Cynthia D. Harvey-Pryor,
Department Clearance Officer, Office of
Quality, Privacy and Risk, Department of
Veterans Affairs.
[FR Doc. 2018–16628 Filed 8–2–18; 8:45 am]
BILLING CODE 8320–01–P
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]]>Agencies
[Federal Register Volume 83, Number 150 (Friday, August 3, 2018)]
[Notices]
[Pages 38208-38209]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-16636]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Proposed Collection; Comment Request
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
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 revisions in 2018 of a currently
approved 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
the revision of the Annual Report of U.S. Ownership of Foreign
Securities, including Selected Money Market Instruments. The next such
collection is an annual survey to be conducted as of December 31, 2018.
DATES: Written comments should be received on or before October 2, 2018
to be assured of consideration.
ADDRESSES: Direct all written comments to Dwight Wolkow, International
Portfolio Investment Data Systems, Department of the Treasury, Room
5422 MT, 1500 Pennsylvania Avenue NW, Washington DC 20220. In view of
possible delays in mail delivery, you may also wish to send a copy to
Mr. Wolkow by email ([email protected]) or FAX (202-622-2009).
Mr. Wolkow can also be reached by telephone (202-622-1276).
FOR FURTHER INFORMATION CONTACT: Copies of the proposed form and
instructions are available at Part II of the Treasury International
Capital (TIC) Forms web page ``Forms SHL/SHLA & SHC/SHCA'', at: https://www.treasury.gov/resource-center/data-chart-center/tic/Pages/forms-sh.aspx#shc. The proposed forms (called schedules) are unchanged from
the previous survey that was conducted as of December 31, 2017
(SHCA(2017)). The ``Current Actions'' below are changes in the previous
instructions. Requests for additional information should be directed to
Mr. Wolkow.
SUPPLEMENTARY INFORMATION:
Title: Treasury International Capital (TIC) Form SHC/SHCA ``U.S.
Ownership of Foreign Securities, including Selected Money Market
Instruments.''
OMB Control Number: 1505-0146.
Abstract: Form SHC/SHCA is part of the Treasury International
Capital (TIC) reporting system, which is required by law (22 U.S.C.
3101 et seq.; E.O. 11961; 31 CFR 129) and is used to conduct annual
surveys of U.S. residents' ownership of foreign securities for
portfolio investment purposes. These data are used by the U.S.
Government in the formulation of international financial and monetary
policies, and for the computation of the U.S. balance of payments
accounts and of the U.S. international investment position. These data
are also used to provide information to the public and to meet
international reporting commitments. The SHC/SHCA survey is part of an
internationally coordinated effort under the auspices of the
International Monetary Fund to improve data on securities worldwide.
Most of the major industrial and financial countries conduct similar
surveys.
The data collection includes large benchmark surveys conducted
every five years, and smaller annual surveys conducted in the non-
benchmark years. The data collected under an annual survey are used in
conjunction with the results of the preceding benchmark survey and of
recent SLT reports to make economy-wide estimates for that non-
benchmark year. Currently, the determination of who must report in the
annual surveys is based primarily on the data submitted during the
preceding benchmark survey and on data submitted on SLT reports around
June of the survey year. The data requested in the annual survey will
generally be the same as requested in the preceding benchmark report.
Form SHC is used for the benchmark survey of all significant U.S.-
resident custodians and end-investors regarding U.S. ownership of
foreign securities. In non-benchmark years Form SHCA is used for the
annual surveys of primarily the very largest U.S.-resident custodians
and end-investors.
Current Actions:
No changes in the forms (schedules) are made from the previous
survey that was conducted as of December 31, 2017. The proposed changes
in the instructions are:
(1) In section II.A.(2) ``Who Must Report/End-Investors'', new text
is added to clarify reporting responsibilities; in particular that
reporting (as end-investor) is the responsibility of the manager of a
fund, partnership, trust, etc., if they have discretion over
investments of the fund/partnership/trust/etc.;
(2) In section II.A.(2) ``Who Must Report/End-Investors'', the
terms ``limited partnerships and trusts'' are added in the third bullet
in the list;
(3) Section III.B/''direct investments'' is revised to make the
section more uniform across all TIC reports;
(4) Section III.C.4/''pension & retirement funds'' is revised to
cover reporting responsibilities and foreign-resident pension funds;
(5) In Appendix G, the link is corrected to point to the March 2018
version of the TIC Glossary.
(6) Some changes in text, page numbers and formatting are made to
clarify other parts of the instructions.
The changes will improve overall survey reporting.
Type of Review: Revision of currently approved data collection.
Affected Public: Business/Financial Institutions.
Form: TIC SHC/SHCA, Schedules 1, 2 and 3 (1505-0146).
Estimated Number of Respondents: An annual average (over five
years) of 306, but this varies widely from about 785 in benchmark years
(once every five years) to about 190 in other years (four out of every
five years).
Estimated Average Time per Respondent: An annual average (over five
years) of about 174 hours, but this will vary widely from respondent to
respondent. (a) In the year of a benchmark survey, which is conducted
once every five years, it is estimated that exempt respondents will
require an average of 17 hours; custodians of securities providing
security-by-security information will require an average of 361 hours,
but this figure will vary widely for individual custodians; end-
investors providing security-by-security information will require an
average of 121 hours; and end-investors and custodians employing U.S.
custodians will require an average of 41 hours. (b) In a non-benchmark
year, which occurs four years out of every five years: Custodians of
securities providing security-by-security information will require an
average of 546 hours (because only the largest U.S.-resident custodians
will report), but this figure will vary widely for individual
custodians; end-investors providing security-by-security information
will require an average of 146 hours; and reporters entrusting their
foreign securities to U.S. custodians will require an average of 49
hours. The
[[Page 38209]]
exemption level, which applies only in benchmark years when filing
schedules 2 or 3 or both, for custodians and for end-investors is the
holding of less than $200 million in reportable foreign securities
owned by U.S. residents. For schedule 2, end-investors should exclude
securities that are held with their unaffiliated U.S.-resident
custodians.
Estimated Total Annual Burden Hours: An annual average (over five
years) of 53,260 hours.
Frequency of Response: Annual.
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 the Survey is necessary for the proper
performance of the functions of the Office of International Affairs
within the Department of the Treasury, including whether the
information collected 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 requested; and (e) estimates of capital or
start-up costs of operation, maintenance and purchase of services to
provide the information requested.
Dwight Wolkow,
Administrator, International Portfolio Investment Data Systems.
[FR Doc. 2018-16636 Filed 8-2-18; 8:45 am]
BILLING CODE 4810-25-P
