Survey of Foreign Ownership of U.S. Securities as of June 30, 2019, 26936 [2019-12112]
Download as PDF
26936
Federal Register / Vol. 84, No. 111 / Monday, June 10, 2019 / Notices
Estimated Number of Respondents:
3,000.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 3,000.
Estimated Time per Response: 30
minutes.
Estimated Total Annual Burden
Hours: 1,500.
Authority: 44 U.S.C. 3501 et seq.
Dated: June 5, 2019.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2019–12139 Filed 6–7–19; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Survey of Foreign Ownership of U.S.
Securities as of June 30, 2019
Departmental Offices,
Department of the Treasury.
ACTION: Notice of reporting
requirements.
AGENCY:
By this Notice, the
Department of the Treasury is informing
the public that it is conducting a
mandatory survey of foreign ownership
of U.S. securities as of June 30, 2019.
This mandatory survey is conducted
under the authority of the International
Investment and Trade in Services
Survey Act. 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. Additional
copies of the reporting forms SHL (2019)
and instructions may be printed from
the internet at: https://www.treasury.gov/
resource-center/data-chart-center/tic/
Pages/forms-sh.aspx
Definition: A U.S. 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 following U.S.
persons must report on this survey:
(1) U.S. persons who manage the
safekeeping of U.S. securities (as
specified below) for foreign persons.
These U.S. persons, who include the
affiliates in the United States of foreign
khammond on DSKBBV9HB2PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
18:06 Jun 07, 2019
Jkt 247001
entities, and are henceforth referred to
as U.S. custodians, must report on this
survey if the total market value of the
U.S. securities whose safekeeping they
manage on behalf of foreign persons—
aggregated over all accounts and for all
U.S. branches and affiliates of their
firm—is $100 million or more as of June
30, 2019.
(2) U.S. persons who issue securities,
if the total market value of their
securities owned directly by foreign
persons—aggregated over all securities
issued by all U.S. subsidiaries and
affiliates of the firm, including
investment companies, trusts, and other
legal entities created by the firm—is
$100 million or more as of June 30,
2019. U.S. issuers should report only
foreign holdings of their securities
which are directly held for foreign
residents, i.e., where no U.S.-resident
custodian or central securities
depository is used. Securities held by
U.S. nominees, such as bank or broker
custody departments, should be
considered to be U.S.-held securities as
far as the issuer is concerned.
(3) U.S. persons who receive a letter
from the Federal Reserve Bank of New
York that requires the recipient of the
letter to file Schedule 1, even if the
recipient is under the exemption level
of $100 million and need only report
‘‘exempt’’ on Schedule 1.
What To Report: This report will
collect information on foreign resident
holdings of U.S. securities, including
equities, short-term debt securities
(including selected money market
instruments), and long-term debt
securities.
How To Report: Copies of the survey
forms and instructions, which contain
complete information on reporting
procedures and definitions, may be
obtained at the website address given
above in the SUMMARY, or by contacting
the survey staff of the Federal Reserve
Bank of New York at (212) 720–6300 or
(646) 720–6300, email: SHLA.help@
ny.frb.org. The mailing address is:
Federal Reserve Bank of New York, Data
and Statistics Function, 6th Floor, 33
Liberty Street, New York, NY 10045–
0001. Inquiries can also be made to the
Federal Reserve Board of Governors, at
(202) 452–3476, or to Dwight Wolkow,
at (202) 622–1276, or by email:
comments2TIC@do.treas.gov.
When To Report: Data should be
submitted to the Federal Reserve Bank
of New York, acting as fiscal agent for
the Department of the Treasury, by
August 30, 2019.
Paperwork Reduction Act Notice: This
data collection has been approved by
the Office of Management and Budget
(OMB) in accordance with the
PO 00000
Frm 00128
Fmt 4703
Sfmt 4703
Paperwork Reduction Act and assigned
control number 1505–0123. 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 321
hours per report for custodians of
securities (the burden varies widely and
we estimate 486 hours for the largest
custodians), 61 hours per report for
issuers of securities that have data to
report and are not custodians (we
estimate 110 hours for the largest
issuers), and 17 hours per report for
those who file as exempt in a
benchmark survey. Comments
concerning the accuracy of this burden
estimate and suggestions for reducing
this burden should be directed to the
Department of the Treasury, Office of
International Affairs, 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. 2019–12112 Filed 6–7–19; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0793]
Agency Information Collection
Activity: VA Health Professional
Scholarship and Visual Impairment
and Orientation and Mobility
Professional Scholarship Programs
(HPSP and VIOMPSP)
Veterans Health
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:
Veterans Health
Administration, Department of Veterans
Affairs (VA), is announcing an
opportunity for public comment on the
proposed collection of certain
information by the agency. Under the
Paperwork Reduction Act (PRA) of
1995, Federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information, including each proposed
extension of a currently approved
collection, and allow 60 days for public
comment in response to the notice.
SUMMARY:
E:\FR\FM\10JNN1.SGM
10JNN1
Agencies
[Federal Register Volume 84, Number 111 (Monday, June 10, 2019)]
[Notices]
[Page 26936]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-12112]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Survey of Foreign Ownership of U.S. Securities as of June 30,
2019
AGENCY: Departmental Offices, Department of the Treasury.
ACTION: Notice of reporting requirements.
-----------------------------------------------------------------------
SUMMARY: By this Notice, the Department of the Treasury is informing
the public that it is conducting a mandatory survey of foreign
ownership of U.S. securities as of June 30, 2019. This mandatory survey
is conducted under the authority of the International Investment and
Trade in Services Survey Act. 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. Additional copies of the reporting
forms SHL (2019) and instructions may be printed from the internet at:
https://www.treasury.gov/resource-center/data-chart-center/tic/Pages/forms-sh.aspx
Definition: A U.S. 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 following U.S. persons must report on this
survey:
(1) U.S. persons who manage the safekeeping of U.S. securities (as
specified below) for foreign persons. These U.S. persons, who include
the affiliates in the United States of foreign entities, and are
henceforth referred to as U.S. custodians, must report on this survey
if the total market value of the U.S. securities whose safekeeping they
manage on behalf of foreign persons--aggregated over all accounts and
for all U.S. branches and affiliates of their firm--is $100 million or
more as of June 30, 2019.
(2) U.S. persons who issue securities, if the total market value of
their securities owned directly by foreign persons--aggregated over all
securities issued by all U.S. subsidiaries and affiliates of the firm,
including investment companies, trusts, and other legal entities
created by the firm--is $100 million or more as of June 30, 2019. U.S.
issuers should report only foreign holdings of their securities which
are directly held for foreign residents, i.e., where no U.S.-resident
custodian or central securities depository is used. Securities held by
U.S. nominees, such as bank or broker custody departments, should be
considered to be U.S.-held securities as far as the issuer is
concerned.
(3) U.S. persons who receive a letter from the Federal Reserve Bank
of New York that requires the recipient of the letter to file Schedule
1, even if the recipient is under the exemption level of $100 million
and need only report ``exempt'' on Schedule 1.
What To Report: This report will collect information on foreign
resident holdings of U.S. securities, including equities, short-term
debt securities (including selected money market instruments), and
long-term debt securities.
How To Report: Copies of the survey forms and instructions, which
contain complete information on reporting procedures and definitions,
may be obtained at the website address given above in the Summary, or
by contacting the survey staff of the Federal Reserve Bank of New York
at (212) 720-6300 or (646) 720-6300, email: [email protected]. The
mailing address is: Federal Reserve Bank of New York, Data and
Statistics Function, 6th Floor, 33 Liberty Street, New York, NY 10045-
0001. Inquiries can also be made to the Federal Reserve Board of
Governors, at (202) 452-3476, or to Dwight Wolkow, at (202) 622-1276,
or by email: [email protected].
When To Report: Data should be submitted to the Federal Reserve
Bank of New York, acting as fiscal agent for the Department of the
Treasury, by August 30, 2019.
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 1505-0123.
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 321 hours per report
for custodians of securities (the burden varies widely and we estimate
486 hours for the largest custodians), 61 hours per report for issuers
of securities that have data to report and are not custodians (we
estimate 110 hours for the largest issuers), and 17 hours per report
for those who file as exempt in a benchmark survey. Comments concerning
the accuracy of this burden estimate and suggestions for reducing this
burden should be directed to the Department of the Treasury, Office of
International Affairs, 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. 2019-12112 Filed 6-7-19; 8:45 am]
BILLING CODE 4810-25-P