[Federal Register Volume 69, Number 199 (Friday, October 15, 2004)]
[Notices]
[Page 61296]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-23171]


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DEPARTMENT OF THE TREASURY

Office of International Affairs


Survey of U.S. Ownership of Foreign Securities as of December 31, 
2004

AGENCY: Departmental Offices, Department of the Treasury.

ACTION: Notice of reporting requirements.

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SUMMARY: By this Notice, the Department of the Treasury is informing 
the public that it is conducting a mandatory survey of U.S. ownership 
of foreign securities as of December 31, 2004. This notice constitutes 
legal notification to all United States persons who are in the 
reporting panel set forth in this Notice that they must respond to this 
survey. Additional copies of the reporting form SHCA and instructions 
may be printed from the Internet at: http://www.treas.gov/tic/forms.html.
    Who Must Report: It is expected that reporting will be required 
only from those organizations which reported the largest values of 
securities data on the benchmark survey Form SHC entitled ``U.S. 
Ownership of Foreign Securities, Including Selected Money Market 
Instruments as of December 31, 2001''. The panel for this survey is 
expected to include: the 36 largest custodians and largest end-
investors that filed schedule 2 in the aforementioned 2001 benchmark 
survey; and 194 of the next largest end-investors that filed schedule 3 
in the aforementioned 2001 benchmark survey. Entities required to 
report will be contacted individually by the Federal Reserve Bank of 
New York. Entities not contacted by the Federal Reserve Bank of New 
York have no reporting responsibilities.
    What to Report: This report will collect information on U.S. 
resident holdings of foreign securities, i.e., equities, long-term debt 
securities, and short-term debt securities (including selected money 
market instruments).
    How to Report: Copies of the survey forms and instructions, which 
contain complete information on reporting procedures and definitions, 
may be obtained at the Web site address given above in the SUMMARY, or 
by contacting the survey staff of the Federal Reserve Bank of New York 
at (212) 720-6300, e-mail: [email protected]. The mailing address is: 
Federal Reserve Bank of New York, Statistics Function, 4th Floor, 33 
Liberty Street, New York, NY 10045-0001.
    When to Report: Data must be submitted to the Federal Reserve Bank 
of New York, acting as fiscal agent for the Department of the Treasury, 
by March 4, 2005.
    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 1505-0146. 
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 burden associated 
with this collection of information is 48 hours per respondent for end-
investors and custodians that file schedule 3 reports covering their 
securities entrusted to U.S. resident custodians, 145 hours per 
respondent for large end-investors filing Schedule 2 reports, and 700 
hours per respondent for large custodians of securities filing Schedule 
2 reports. Comments concerning the accuracy of this burden estimate and 
suggestions for reducing this burden should be directed to the 
Department of the Treasury, Attention Administrator, International 
Portfolio Investment Data Reporting Systems, Room 4410@1440NYA, 
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. 04-23171 Filed 10-14-04; 8:45 am]
BILLING CODE 4810-25-P