[Federal Register Volume 88, Number 221 (Friday, November 17, 2023)]
[Notices]
[Pages 80389-80390]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-25501]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Survey of U.S. Ownership of Foreign Securities as of December 31, 
2023

AGENCY: Departmental Offices, Department of the Treasury.

ACTION: Notice of reporting requirements.

-----------------------------------------------------------------------

SUMMARY: By this Notice, the Department of the Treasury is informing 
the public that it is conducting a mandatory survey of ownership of 
foreign securities by U.S. residents as of December 31, 2023. 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. The 
reporting form SHCA (2023) and instructions may be printed from the 
internet at: https://home.treasury.gov/data/treasury-international-capital-tic-system-home-page/tic-forms-instructions/forms-shc.

SUPPLEMENTARY INFORMATION: 
    Definition: Pursuant to 22 U.S.C. 3102(3) and (4): a person means 
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); and a United States person means any person resident 
in the United States or subject to the jurisdiction of the United 
States.
    Who Must Report: The reporting panel is based upon the data 
submitted for the 2022 annual survey and the June 2023 TIC report 
``Aggregate Holdings, Purchases and Sales, and Fair Value Changes of 
Long-Term Securities by U.S. and Foreign Residents'' (TIC SLT). 
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 holdings by 
U.S. residents of foreign securities, including 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. 
Completed reports can be submitted electronically or via email at 
[email protected]. Inquiries can be made to the survey staff of the 
Federal Reserve Bank of New York at (212) 720-6300 or email: 
[email protected]. Inquiries can also

[[Page 80390]]

be made to Dwight Wolkow at (202) 622-1276, or email: 
[email protected].
    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 1, 2024.
    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 49 hours per 
respondent for end-investors and custodians that file Schedule 3 
reports covering their foreign securities entrusted to U.S. resident 
custodians, 146 hours per respondent for large end-investors filing 
Schedule 2 reports, and 546 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 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. Please also email your 
comments to Dwight Wolkow at: [email protected].

Dwight Wolkow,
Administrator, International Portfolio Investment Data Reporting 
Systems.
[FR Doc. 2023-25501 Filed 11-16-23; 8:45 am]
BILLING CODE 4810-AK-P