[Federal Register Volume 70, Number 212 (Thursday, November 3, 2005)]
[Notices]
[Page 66902]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-21892]


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DEPARTMENT OF THE TREASURY

Office of International Affairs


Survey of U.S. Ownership of Foreign Securities as of December 31, 
2005

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, 2005. 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 31 largest custodians and largest end-
investors that filed schedule 2 in the aforementioned 2001 benchmark 
survey; and 188 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 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, 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 3, 2006.
    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 annual 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 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. 05-21892 Filed 11-2-05; 8:45 am]
BILLING CODE 4810-25-P