[Federal Register Volume 60, Number 16 (Wednesday, January 25, 1995)]
[Notices]
[Page 4915]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-1812]



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FEDERAL RESERVE SYSTEM


Agency Forms Under Review

Background

    Notice is hereby given of the final approval of proposed 
information collection(s) by the Board of Governors of the Federal 
Reserve System (Board) under OMB delegated authority, as per 5 CFR 
1320.9 (OMB Regulations on Controlling Paperwork Burdens on the 
Public).
FOR FURTHER INFORMATION CONTACT:
Federal Reserve Board Clearance Officer--Mary M. McLaughlin-- Division 
of Research and Statistics, Board of Governors of the Federal Reserve 
System, Washington, D.C. 20551 (202-452-3829); for the hearing impaired 
only, telecommunications device for the deaf (TTD) (202/452-3544), 
Dorothea Thompson, Board of Governors of the Federal Reserve System, 
Washington, D.C. 20551.
OMB Desk Officer--Milo Sunderhauf--Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Room 3208, Washington, D.C. 20503 (202-395-7340)
    Final approval under OMB delegated authority of the implementation 
of the following report:
    1. 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: OMB 7100-0275
Frequency: One-time survey
Reporters: The foreign exchange turnover portion of the survey will 
include all financial institutions and brokers that are principals in 
the U.S. foreign exchange market. 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 the foreign 
exchange portion, 70 respondents to the derivatives portion; Brokers: 
17 respondents to the foreign exchange portion, 8 respondents to the 
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)). Individual respondent data will be given confidential 
treatment under the Freedom of Information Act (5 U.S.C. 552(b)(4)).

SUMMARY:This survey of the foreign exchange and 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, January 19, 
1995.
William W. Wiles,
Secretary of the Board.
[FR Doc. 95-1812 Filed 1-24-95; 8:45am]
BILLING CODE 6210-01-F