[Federal Register Volume 88, Number 94 (Tuesday, May 16, 2023)]
[Notices]
[Pages 31305-31306]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-10350]


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DEPARTMENT OF THE TREASURY


Mandatory Survey of Foreign-Residents' Holdings of U.S. 
Securities

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 foreign-residents' 
holdings of U.S. securities, including selected money market 
instruments, as of June 30, 2023. This mandatory survey is conducted 
under the authority of the International Investment and Trade in 
Services Survey Act. This Notice constitutes legal notification to all 
United States persons (defined below) who meet the reporting 
requirements set forth in this Notice that they must respond to, and 
comply with, this survey. Additional copies of the reporting forms SHLA 
(2023) and instructions may be printed from the internet at: https://
home.treasury.gov/data/treasury-

[[Page 31306]]

international-capital-tic-system-home-page/tic-forms-instructions/
forms-shl.

SUPPLEMENTARY INFORMATION: 
    Definition: A U.S. person is any individual, branch, partnership, 
associated group, association, estate, trust, corporation, or other 
organization (whether or not organized under the laws of any State), 
and any government (including a foreign government, the United States 
Government, a State or local government, and any agency, corporation, 
financial institution, or other entity or instrumentality thereof, 
including a government-sponsored agency), who resides in the United 
States or is subject to the jurisdiction of the United States.
    Who Must Report: This mandatory survey is conducted under the 
authority of the International Investment and Trade in Services Survey 
Act (22 U.S.C. 3101 et seq.) and in accordance with 31 CFR 129. The 
panel for this survey is based primarily on the level of foreign 
resident holdings of U.S. securities reported on the June 2019 
benchmark survey of foreign resident holdings of U.S. securities, and 
on the Aggregate Holdings of Long-Term Securities by U.S. and Foreign 
Residents (TIC SLT) report as of December 2022, and will consist mostly 
of the largest reporters. 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 foreign 
resident holdings of U.S. securities, including equities, short-term 
debt securities (including selected money market instruments), and 
long-term debt securities.
    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 or (646) 720-6300, email: [email protected]. The 
mailing address is: Federal Reserve Bank of New York, Data and 
Statistics Function, 6th Floor, 33 Liberty Street, New York, NY 10045-
0001. Inquiries can also be made to the Federal Reserve Board of 
Governors, at (202) 452-3476, or to Dwight Wolkow, at (202) 923-0518, 
or by email: [email protected]
    When to Report: Data should be submitted to the Federal Reserve 
Bank of New York, acting as fiscal agent for the Department of the 
Treasury, by August 31, 2023.
    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 1505-0123. 
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 486 hours per report 
for the largest custodians of securities, and 110 hours per report for 
the largest issuers of securities that have data to report and are not 
custodians. Comments concerning the accuracy of this burden estimate 
and suggestions for reducing this burden should be directed to the 
Department of the Treasury, Office of International Affairs, Attention 
Administrator, International Portfolio Investment Data Reporting 
Systems, Room 1050, 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 D. Wolkow,
Administrator, International Portfolio Investment Data Reporting 
Systems.
[FR Doc. 2023-10350 Filed 5-15-23; 8:45 am]
BILLING CODE 4810-AK-P