[Federal Register Volume 61, Number 189 (Friday, September 27, 1996)]
[Notices]
[Pages 50904-50905]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-24771]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Departmental Offices; 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 an information collection that is 
due for renewed approval by the Office of Management and Budget. The 
Office of International Financial Analysis within the Department of the 
Treasury is soliciting comments concerning Treasury International 
Capital Form BQ-1, Part 1: Reporting Bank's Own Claims, and Selected 
Claims of Broker or Dealer, on Foreigners; and Part 2: Domestic 
Customers' Claims on Foreigners Held by Reporting Bank, Broker or 
Dealer, Payable in Dollars.

DATES: Written comments should be received on or before November 26, 
1996 to be assured of consideration.

ADDRESSES: Direct all written comments to Gary A. Lee, Manager, 
Treasury International Capital Reporting System, Department of the 
Treasury, Room 5464, 1500 Pennsylvania Avenue NW., Washington, DC 
20220.

FOR FURTHER INFORMATION CONTACT:
Requests for additional information or copies of the forms and 
instructions should be directed to Gary A. Lee, Manager, Treasury 
International Capital Reporting System, Department of Treasury, Room 
5464, 1500 Pennsylvania Avenue NW., Washington, DC 20220, (202) 622-
2270.

[[Page 50905]]

SUPPLEMENTARY INFORMATION: 

    Title: Treasury International Capital Form BQ-1. Part 1: Reporting 
Bank's Own Claims, and Selected Claims of Broker or Dealer, on 
Foreigners; Part 2: Domestic Customers' Claims on Foreigners Held by 
Reporting Bank, Broker or Dealer, Payable in Dollars.
    OMB Number: 1505-0016.
    Abstract: Form BQ-1 is required by law (22 U.S.C. 286f; 22 U.S.C. 
3103; EO 10033; 31 CFR 128) and is designed to collect timely 
information on international portfolio capital movements. This 
quarterly report covers the U.S. dollar claims of banks, other 
depository institutions, brokers and dealers, and of their domestic 
customers vis-a-vis foreign residents. This information is necessary 
for compiling the U.S. balance of payments accounts, for calculating 
the U.S. international investment position, and for use in formulating 
U.S. international financial and monetary policies.
    Current Actions. No changes to reporting requirements are proposed 
at this time.
    Type of Review: Extension.
    Affected Public: Business or other for-profit.
    Estimated Number of Respondents: 800.
    Estimated Average Time per Respondent: Four (4) hours per 
respondent per filing.
    Estimated Total Annual Burden Hours: 12,800 hours, based on four 
reporting periods per year.

REQUEST FOR COMMENTS: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. The public is invited 
to submit written comments concerning: whether Form BQ-1 is necessary 
for the proper performance of the functions of the Office, including 
whether the information collected has practical uses; the accuracy of 
the above burden estimates; how to enhance the quality, usefulness, and 
clarity of the information to be collected; how to minimize the 
reporting and/or recordkeeping burdens on respondents, including the 
use of information technologies to automate the collection of the data; 
and estimates of capital or start-up costs of operation, maintenance, 
and purchases of services to provide information.
Thomas Ashby McCown,
Director, Office of International Financial Analysis.
[FR Doc. 96-24771 Filed 9-26-96; 8:45 am]
BILLING CODE 4810-25-M