[Federal Register Volume 86, Number 52 (Friday, March 19, 2021)]
[Notices]
[Pages 15022-15023]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-05755]


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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 S, ``Purchases and Sales 
of Long-Term Securities by 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 forms and 
instructions are available on the Treasury's TIC Forms web page, TIC S-
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 
S, Purchases and Sales of Long-term Securities by Foreign-Residents.
    OMB Control Number: 1505-0001.
    Abstract: Form S 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 portfolio capital movements. Form S is a 
monthly report used to cover transactions in long-term marketable 
securities undertaken directly with foreigners by banks, other 
depository institutions, brokers, dealers, underwriting groups, funds 
and other individuals and institutions. This information is used by the 
U.S. Government in the formulation of international financial and 
monetary policies and for the analysis of the U.S. balance of payments 
accounts.
    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: S (1505-0001).
    Estimated Number of Respondents: 185
    Estimated Average Time per Respondent: Six and three-fourth hours 
per respondent per filing. The estimated average time per filing varies 
from 11.8 hours for the approximately 30 major reporters to 5.9 hours 
for the other reporters.
    Estimated Total Annual Burden Hours: 15,010 hours, based on 12 
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 S is necessary for the proper

[[Page 15023]]

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. 2021-05755 Filed 3-18-21; 8:45 am]
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