[Federal Register Volume 89, Number 174 (Monday, September 9, 2024)]
[Notices]
[Pages 73191-73192]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-20212]


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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 an information collection that is 
due for extension approval by the Office of Management and Budget. The 
Office of International Affairs of the Department of the Treasury is 
soliciting comments concerning extension without change of the 
following form: Treasury International Capital Form D, ``Report of 
Holdings of, and Transactions in, Financial Derivatives Contracts with 
Foreign Residents''. The report is mandatory.

DATES: Written comments should be received on or before November 8, 
2024 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 (202-622-1276).

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 [verbar] U.S. Department of the Treasury. 
Requests for additional information should be directed to Mr. Wolkow 
([email protected]) or (202-622-1276).

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 part 128), and is designed to collect 
timely information on international portfolio capital movements. Form D 
is a quarterly report on 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: Extension 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: Average 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

[[Page 73192]]

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. 2024-20212 Filed 9-6-24; 8:45 am]
BILLING CODE 4810-AK-P