[Federal Register Volume 86, Number 52 (Friday, March 19, 2021)]
[Notices]
[Pages 15021-15022]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-05753]


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

DEPARTMENT OF THE TREASURY


Proposed Collection; Comment Request

AGENCY: Departmental Offices; Department of the Treasury.
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 the revision of a currently 
approved information collection that is to be proposed for approval by 
the Office of Management and Budget. The Office of International 
Affairs of the Department of the Treasury is soliciting comments 
concerning Treasury International Capital Form D, ``Report of Holdings 
of, and Transactions in, Financial

[[Page 15022]]

Derivatives Contracts with Foreign Residents''.

DATES: Written comments should be received on or before May 18, 2021 to 
be assured of consideration.

ADDRESSES: Direct all written comments to Dwight Wolkow, International 
Portfolio Investment Data Systems, Department of the Treasury, Room 
1050, 1500 Pennsylvania Avenue NW, Washington, DC 20220. In view of 
possible delays in mail delivery, please also notify Mr. Wolkow by 
email ([email protected]), or by telephone (cell: 202-923-
0518).

FOR FURTHER INFORMATION CONTACT: Copies of the proposed form and 
instructions are available on the Treasury's TIC Forms web page, TIC D 
Form and Instructions  U.S. Department of the Treasury . 
Requests for additional information should be directed to Mr. Wolkow by 
email ([email protected]), or by telephone (cell: 202-923-
0518).

SUPPLEMENTARY INFORMATION: Title: Treasury International Capital Form 
D, ``Report of Holdings of, and Transactions in, Financial Derivatives 
Contracts with Foreign Residents.''
    OMB Control Number: 1505-0199.
    Abstract: Form D is part of the Treasury International Capital 
(TIC) reporting system, which is required by law (22 U.S.C. 286f; 22 
U.S.C. 3103; E.O. 10033; 31 CFR 128), and is designed to collect timely 
information on international capital movements other than direct 
investment by U.S. persons. Form D is a quarterly report used to cover 
holdings and transactions in derivatives contracts undertaken between 
foreign resident counterparties and major U.S.-resident participants in 
derivatives markets. This information is used by the U.S. Government in 
the formulation of international financial and monetary policies and 
for the preparation of the U.S. balance of payments accounts and the 
U.S. international investment position.
    Current Actions: No changes in the form or instructions are being 
proposed at this time. Some clarifications and format changes may be 
made to improve the instructions.
    Type of Review: Renewal without change of a currently approved 
collection.
    Affected Public: Business or other for profit organizations.
    Form D (1505-0199).
    Estimated Number of Respondents: 29.
    Estimated Average Time per Respondent: Thirty (30) hours per 
respondent per filing.
    Estimated Total Annual Burden Hours: 3,480 hours, based on 4 
reporting periods per year.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for Office of 
Management and Budget approval. All comments will become a matter of 
public record. The public is invited to submit written comments 
concerning: (a) Whether Form D is necessary for the proper performance 
of the functions of the Office, including whether the information will 
have practical uses; (b) the accuracy of the above estimate of the 
burdens; (c) ways to enhance the quality, usefulness and clarity of the 
information to be collected; (d) ways to minimize the reporting and/or 
record keeping burdens on respondents, including the use of information 
technologies to automate the collection of the data; and (e) estimates 
of capital or start-up costs of operation, maintenance and purchase of 
services to provide information.

Dwight Wolkow,
Administrator, International Portfolio Investment Data Reporting 
Systems.
[FR Doc. 2021-05753 Filed 3-18-21; 8:45 am]
BILLING CODE 4810-AK-P