[Federal Register Volume 59, Number 239 (Wednesday, December 14, 1994)]
[Unknown Section]
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From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-30683]


[[Page Unknown]]

[Federal Register: December 14, 1994]


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FEDERAL RESERVE SYSTEM

 

Agency Forms Under Review

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice.

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Background

    On June 15, 1984, the Office of Management and Budget (OMB) 
delegated to the Board of Governors of the Federal Reserve System 
(Board) its approval authority under the Paperwork Reduction Act of 
1980, as per 5 CFR 1320.9, to approve of and assign OMB control numbers 
to collection of information requests and requirements conducted or 
sponsored by the Board under conditions set forth in 5 CFR 1320.9. 
Board-approved collections of information will be incorporated into the 
official OMB inventory of currently approved collections of 
information. A copy of the OMB 83-I and supporting statement and the 
approved collection of information instrument(s) will be placed into 
OMB's public docket files. The following forms, which are being handled 
under this delegated authority, have received initial Board approval 
and are hereby published for comment. At the end of the comment period, 
the proposed information collection, along with an analysis of comments 
and recommendations received, will be submitted to the Board for final 
approval under OMB delegated authority.

DATES: Comments must be submitted on or before December 29, 1994.

ADDRESSES: Comments, which should refer to the OMB Docket number (or 
Agency form number in the case of a new information collection that has 
not yet been assigned an OMB number), should be addressed to Mr. 
William W. Wiles, Secretary, Board of Governors of the Federal Reserve 
System, 20th and C Streets, NW., Washington, DC 20551, or delivered to 
the Board's mail room between 8:45 a.m. and 5:15 p.m., and to the 
security control room outside of those hours. Both the mail room and 
the security control room are accessible from the courtyard entrance on 
20th Street between Constitution Avenue and C Street, NW. Comments 
received may be inspected in room B-1122 between 9:00 a.m. and 5:00 
p.m., except as provided in Sec. 261.8 of the Board's Rules Regarding 
Availability of Information, 12 CFR 261.8(a).
    A copy of the comments may also be submitted to the OMB desk 
officer for the Board: Milo Sunderhauf, Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 3208, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: A copy of the proposed form, the 
request for clearance (OMB 83-I), supporting statement, instructions, 
and other documents that will be placed into OMB's public docket files 
once approved may be requested from the agency clearance officer, whose 
name appears below. Mary M. McLaughlin, Federal Reserve Board Clearance 
Officer (202-452-3829), Division of Research and Statistics, Board of 
Governors of the Federal Reserve System, Washington, DC 20551. For the 
hearing impaired only, Telecommunications Device for the Deaf (TTD) 
Dorothea Thompson (202-452-3544), Board of Governors of the Federal 
Reserve System, Washington, DC 20551.

Proposal To Approve Under OMB Delegated Authority the Implementation of 
The Following Report

    Report title: Survey of Foreign Exchange and Derivatives Market 
Activity.
    Agency form number: FR 3036a (version for financial institutions) 
and FR 3036c (version for brokers).
    OMB Docket number: 7100-0275.
    Frequency: One-time survey.
    Reporters: The Foreign exchange turnover portion of the survey 
would include all financial institutions and brokers that are 
principals in the foreign exchange market in the United States. The 
derivatives portion of the survey would cover a small subset of this 
panel.
    Annual reporting hours: 19,760.
    Estimated average hours per response: Foreign exchange portion: 40 
hours; derivatives portion: 140 hours.
    Number of respondents: Financial firms: 204 respondents to foreign 
exchange portion, 70 respondents to derivatives portion; Brokers: 17 
respondents to foreign exchange portion; 8 respondents to derivatives 
portion.
    Small businesses are not affected.
    General description of report: This information collection is 
voluntary and is authorized by law [12 U.S.C. 248(a), 353-359, and 
3105(b)] and is given confidential treatment [5 U.S.C. 552(b)(4)].
    Abstract: This survey of the foreign exchange and financial 
derivatives markets will be conducted in April 1995. The data collected 
from the survey will provide information about the size and structure 
of the global markets for foreign exchange and financial derivatives 
products. The survey will be conducted in coordination with other 
central banks, and aggregate results from each central bank's survey 
will be provided to the BIS for the production of global market 
statistics.

    Board of Governors of the Federal Reserve System, December 8, 
1994.
William W. Wiles,
Secretary of the Board.
[FR Doc. 94-30683 Filed 12-13-94; 8:45 am]
BILLING CODE 6210-01-P